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

Wednesday, 24 May 2023 10:07:29 (GMT+3)   |   Kolkata
       

India’s state-run iron ore miner, NMDC Limited reported net profit of INR 22.77 billion ($275 million) in fourth quarter (January-March) of fiscal 2022-23, up 22 percent over the corresponding quarter of the previous fiscal year, a company statement said on Wednesday, May 24.

The company reported total revenues at INR 58.51 billion ($706 million), which was 13.8 percent lower than the corresponding quarter of the previous fiscal year.


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