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NMDC posts 49 pc rise in Q3 net at Rs 886 cr

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Press Trust of India New Delhi
NMDC Ltd today reported 48.9 per cent rise in standalone profit at Rs 886.53 crore for the quarter ended December 2017.

The company had posted a profit of Rs 595.16 crore in the corresponding quarter of the previous fiscal, NMDC Ltd said in a BSE filing.

However, the standalone revenue from operations declined marginally to Rs 2,469.03 crore from Rs 2,497.86 crore in the year-ago period.

NMDC -- the country's top iron ore producer -- presently produces about 30 million tonnes of iron ore from three fully mechanised mines.
 

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First Published: Feb 13 2018 | 9:25 PM IST

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