You are here: Home > Steel News > Latest Steel News > Indian...

Indian miner NMDC Limited sees 62% fall in profit in Q2 FY 2022-23

Tuesday, 15 November 2022 10:36:44 (GMT+3)   |   Kolkata
       

Indian government-run iron ore miner NMDC Limited has reported a consolidated net profit of INR 8.86 billion ($108.94 million) for the second quarter (July-September) of the fiscal year 2022-23, a decline of 62 percent year on year, a company statement said on Tuesday, November 15.

The company reported a total income of INR 37.5 billion ($461.83 million) during the second quarter, a decline of 45 percent year on year.

The total cumulative production achieved by the miner during the April-October period was reported at 19.71 million mt, down 6.3 percent year on year.

$1= INR 81.30


Similar articles

India’s NMDC Limited sees 38% fall in consolidated net profit in Q4 FY 2023-24

28 May | Steel News

India’s NMDC Limited sees 62% rise in consolidated net profit in Q3 FY 2023-24

15 Feb | Steel News

India’s NMDC Limited sees net profit rise 16% in Q2 FY 2023-24

15 Nov | Steel News

India’s NMDC Limited sees 12% rise in net profit in Q1 FY 2023-24

14 Aug | Steel News

India’s NMDC Limited sees 22% rise in net profit in Q4 of FY 2022-23

24 May | Steel News

Indian iron ore miner sees 56% fall in net profit in Q3 FY 2022-23

15 Feb | Steel News

Indian miner NMDC Ltd sees 54% fall in net profit in Q1 FY 2022-23

10 Aug | Steel News

India’s iron ore miner NMDC posts 2.8% decline in net profit for Q3

09 Feb | Steel News

India’s NMDC reports net profit of $312 million in Q2 FY 2021-22

12 Nov | Steel News

India’s NMDC posts record quarterly profit for Q1 FY 2021-22

16 Aug | Steel News