Iron ore sales for Q1 grew 5.83%: NMDC

The miner had sold 6.86 million tonnes in the same period last year

Press Trust of India Hyderabad
Last Updated : Jul 03 2013 | 6:49 PM IST
State-owned miner NMDC today said its iron ore sales grew by 5.83% to 7.26 million tonnes in the quarter ended June 30.

The miner had sold 6.86 million tonnes in the same period last year.

NMDC in a filind to stock exchanges said the iron ore production from its Chhattisgarh mines fell by 1.69% to 4.66 million tonnes. The company produced 4.74 million tonnes during the first quarter in the last fiscal, it added.

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It, however, was able to increase production from its Karnataka mine to 2.07 million tonnes with a growth of 4.83% over last year.

The overall production stood at 6.83 million tonnes during April-June quarter against 6.81 million tonnes during the same quarter in FY13.

The company's shares were trading at Rs 99.85 apiece on BSE, down 3.29% during closing hours.
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First Published: Jul 03 2013 | 6:45 PM IST

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