NMDC has reported results for first quarter ended June 30, 2014.
The company’s net profit for the quarter has surged 21.80% at Rs 1915.01 crore as compared to Rs 1572.19 crore for the quarter ended June 30, 2013. Its total income has increased by 18.48% to Rs 4018.55 crore for the quarter under review from Rs 3391.53 crore for the corresponding quarter of the previous year.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.
