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India’s NMDC Limited sees 18% rise in net profit in Q2 FY 2024-25

Tuesday, 12 November 2024 15:10:51 (GMT+3)   |   Kolkata
       

Indian government-run iron ore miner NMDC Limited has reported a net profit of INR 12.11 billion ($143.60 million) for the second quarter (July-September) of the fiscal year 2024-25, a rise of 18.06 percent year on year, according to a regulatory filing of the company on Tuesday, November 12.

The company’s revenues were reported at INR 49.18 billion ($583.01 million) for the given period, a rise of 22.54 percent year on year.

NMDC Limited achieved iron ore production of 10.93 million mt during the second quarter of the fiscal year.


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