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India’s NMDC Limited sees net profit rise 16% in Q2 FY 2023-24

Wednesday, 15 November 2023 10:56:57 (GMT+3)   |   Kolkata
       

India’s state-run iron ore miner NMDC Limited reported a consolidated net profit of INR 10.24 billion ($123.03 million) in the second quarter (July-September) of the fiscal year 2023-24, up 15.7 percent year on year, a company statement said on Wednesday, November 15.

The company reported total revenues from operations at INR 40.13 billion ($481.87 million) during the quarter, a rise of 20 percent over the corresponding quarter of the previous fiscal year.


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