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NMDC reports 3- fold jump in Q2 consolidated net profit

12 Nov 2021 Evaluate

NMDC has reported results for second quarter ended September 30, 2021.

The company has reported 3- fold jump in its net profit at Rs 2340.92 crore for the quarter under review as compared to Rs 773.66 crore for the same quarter in the previous year. Total income of the company reported above 2- fold jump at Rs 6882.33 crore for Q2FY22 as compared Rs 2318.25 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 3- fold jump in its net profit at Rs 2338.63 crore for the quarter under review as compared to Rs 772.53 crore for the same quarter in the previous year. Total income of the company reported above 2- fold jump at Rs 6882.44 crore for Q2FY22 as compared Rs 2318.67 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.00
Sandur Manganese 182.00
GMDC 553.55
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