Hyderabad The government-owned iron ore miner NMDC has reported a 15% drop in its net profit at R1,678.62 crore during the second quarter ended September, due to lower production. The company had a net profit of R1,963.15 crore in the Q2 last year.
The firm’s net sales fell 14.71% to R2,611.84 crore during Q2 this year from R3,062.32 crore in the same period a year ago. Its total expenditure also rose by about 8% to R710.28 crore during the July-September quarter.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/nmdc-net-decreases-15-rs-167862-crore
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-mineral-development-corporation-nmdc
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chhattisgarh
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry-0
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
