NLC Q1 net marginally down

Company's profit declined 3% to Rs 278.43 crore in Q1

Neyveli Lignite Corporation Ltd (NLC) has reported a 3% drop in net profit at Rs 278.43 crore as compared to Rs 288.47 crore, a year ago. Company's total income rose to Rs 1,559.57 crore from Rs 1,331.81 crore, an increase of around 18%.