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NMDC Q1 net up 21 pc at Rs 1,178 cr

Press Trust of India  |  New Delhi 

State-owned miner NMDC on Tuesday reported 21 per cent rise in consolidated net profit at Rs 1,178.01 crore for June quarter 2019 on the back of higher income.

The company had posted a profit of Rs 974.29 crore in the year-ago quarter, NMDC said in a filing to the BSE.

Total income during the quarter under review rose to Rs 3,386.65 crore from Rs 2,547.33 crore in April-June, 2018-19.

Total expenses stood at Rs 1,474.76 crore as compared to Rs 1,071.66 crore in the year-ago period.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 13 2019. 19:45 IST