NMDC has reported results for first quarter ended June 30, 2015.
The company has reported a fall of 47.25% in its net profit at Rs 1010.12 crore for the quarter ended June 30, 2015 as compared to Rs 1915.01 crore for the same quarter in the previous year. The company’s total income has decreased by 42.89% to Rs 2295.17 crore for the quarter under review, from Rs 4018.55 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.
