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

India’s NMDC Limited sees 20% rise in net profit in Q1 FY 2024-25

Tuesday, 13 August 2024 15:45:15 (GMT+3)   |   Kolkata
       

Indian government-run iron ore miner NMDC Limited has reported a net profit of INR 19.84 billion ($236 million) in the first quarter (April-June) of the fiscal year 2024-25, up 20 percent over the corresponding quarter of the previous fiscal year, according to a company statement on Tuesday, August 13.

The company reported revenues from operations amounting to INR 53.78 billion ($640 million) for the first quarter, almost the same as in the corresponding quarter of the previous fiscal year.


Similar articles

India’s NMDC Limited sees 3.83 percent rise in iron ore output in October

05 Nov | Steel News

India’s NMDC raises local iron ore prices for second time in October

23 Oct | Scrap & Raw Materials

India’s NMDC Limited sees near stagnant growth in iron ore output in Sept

02 Oct | Steel News

India’s NMDC Limited hikes prices of iron ore lumps and fines for Oct deliveries

01 Oct | Scrap & Raw Materials

India’s NMDC Limited to invest $262 million in FY 2024-25 to build iron ore infrastructure facilities

13 Sep | Steel News

India’s NMDC Limited sees 10% decline in iron ore output in August

03 Sep | Steel News

India’s NMDC Limited increases capex by 40% in FY 2023-24

15 Aug | Steel News

India’s NMDC Limited cuts prices of iron ore lumps and fines to 10-month low

07 Aug | Scrap & Raw Materials

India’s NMDC Limited reports 11% decline in iron ore output in July

02 Aug | Steel News

India’s RINL floats export tender for 30,000 mt of pig iron

02 Jul | Scrap & Raw Materials