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NMDC consolidated net profit jumps 53% to Rs 2,108 crore in Dec quarter

The company had posted a net profit of Rs 1,375 crore during the same quarter a year ago, NMDC said in a BSE filing

NMDC under pressure to cut iron ore prices for April
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During the period under review, total income rose to Rs 4,461 crore from Rs 3,137 crore in the year-ago-period.

Press Trust of India New Delhi

State-owned mining major NMDC on Monday said its consolidated net profit jumped 53 per cent to Rs 2,108 crore for the quarter ended in December.

The company had posted a net profit of Rs 1,375 crore during the same quarter a year ago, NMDC said in a BSE filing.

During the period under review, total income rose to Rs 4,461 crore from Rs 3,137 crore in the year-ago-period.

Total expenses during the third quarter of 2020-21 financial year stood at Rs 1,650 crore as against Rs 1,491 crore in the same period last year.

NMDC, under the Ministry of Steel, is the country's largest