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NMDC Q1 PAT down 55% at Rs 533 cr as production, sales hit due to lockdown

NMDC's turnover during the firstquarter was Rs.1,938 crore compared to Rs 3,264 crore during the corresponding quarter last fiscal, the company said

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The company had posted Rs 1,179 crore PAT in the corresponding quarter in 2019-20, it said in a release here.

Press Trust of India Hyderabad

1 min read Last Updated : Aug 27 2020 | 8:43 PM IST

NMDC Limiteds profit after tax for the first quarter ended June 30 slumped by 55 per cent to Rs 533 crore as both production and sales were impacted due to the Covid-19 lockdown, the state-owned miner said on Thursday.

The company had posted Rs 1,179 crore PAT in the corresponding quarter in 2019-20, it said in a release here.

NMDC's turnover during the firstquarter was Rs.1,938 crore compared to Rs 3,264 crore during the corresponding quarter last fiscal, the company said.

ALSO READ: GMR Infra posts loss of Rs 834 cr in Q1, income dips to Rs 1,224

Topics : Coronavirus Lockdown NMDC Q1 results

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