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.