You are here: Home > Steel News > Latest Steel News > India’s...

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

Monday, 14 August 2023 10:40:42 (GMT+3)   |   Kolkata
       

Indian state-run iron ore miner NMDC Limited has reported net profit of INR 16.49 billion ($199.24 million) in the first quarter (April-June) of the fiscal year 2023-24, a rise of 12 percent over the corresponding quarter of the previous fiscal year, according to a company regulatory filing on Monday, August 14.

The company reported a total income of INR 53.74 billion ($649.11 million) in the first quarter, up 13.61 percent over the corresponding quarter of the previous year.

The company also reported a 45 percent rise in sales volume to 11.15 million mt in the first quarter.


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

15 Nov | 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