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.