NMDC has reported results for second quarter ended September 30, 2016.
The company has reported 5.62% fall in its net profit at Rs 770.76 crore for the quarter under review as compared to Rs 816.65 crore for the same quarter in the previous year. Total income of the company decreased by 1.30% at Rs 2012.64 crore for the quarter under review as compared Rs 2039.11 crore for the corresponding quarter 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.
