NMDC posts over Rs. 3k crs profit in Q1

Screenshot 2021-09-06 125830

Indian Steel majors have reported strong results and also announced expansion plans.

                                                                   Mr. Sumit Deb ,Chairman, NMDC

National Mineral Development Corporation (NMDC) posted Profit After Tax (PAT) of Rs. 3,193 crore for the first quarter ended June 2021, achieved multifold of the Rs. 533 crore posted during the corresponding Covid hit quarter of last fiscal. The iron ore production was up 35% at 8.91 million tonnes and sales were up 51% at 9.45 MT. Commenting on this solid performance, NMDC CMD Mr. Sumit Deb, said, “Indian steel majors have reported strong results and also announced expansion plans.

Share on linkedin
LinkedIn
Share on email
Email
Share on facebook
Facebook
Share on twitter
Twitter
Share on whatsapp
WhatsApp