Business Standard

NMDC Q2 net surges 81% at Rs 1,518 cr

Image

Press Trust of India New Delhi

The country's largest iron ore producer NMDC today reported a 81 per cent rise in net profit at Rs 1,518 crore in the third quarter of the current fiscal, over the same period a year ago.

The company had posted a profit of Rs 837.07 crore for the same period last fiscal, the company said in a statement.

The company reported net sales of Rs 2,621 crore in the reporting quarter against Rs 1,587 crore in the year-ago period, the statement added.

The company said its board approved an interim dividend of Rs 1.15 per equity share for the current fiscal.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 01 2011 | 7:18 PM IST

Explore News