Mining firm NMDC today reported an 18.42 per cent decline in net profit of Rs 770.85 crore for the second quarter ended September 30, 2009.
The company had a net profit of Rs 944.93 crore in the September quarter of FY'09, NMDC said in a filing to the Bombay Stock Exchange.
Total income declined to Rs 1,565.76 crore during the period, from Rs 1,857.27 crore in the corresponding period a year ago.
For the half year ended September, NMDC posted a net profit of Rs 1,544.60 crore, a 20 per cent decline over that in the year-ago period.
Income from operations dropped to Rs 2,668.18 crore during the six month period, from Rs 3,290.47 crore in the year ago period.
