State-run NMDC today reported a 21.15 per cent drop in net profit to Rs 773.75 crore in the first quarter ended June 30, 2009.
The company had a net profit of Rs Rs 981.3 crore in the corresponding quarter a year ago.
Total income decreased to Rs 1,507.06 crore in the June quarter of 2009 from Rs 1,862.37 crore in the corresponding year-ago period.
Shares of NMDC closed at Rs 367.25, down 2.88 per cent on the BSE.
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