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NMDC reports 3% fall in Q3 consolidated net profit

09 Feb 2022 Evaluate

NMDC has reported results for third quarter ended December 31, 2021

The company has reported a fall of 2.80% in its net profit at Rs 2049.67 crore for the quarter under review as compared to Rs 2108.91 crore for the same quarter in the previous year. However, total income of the company increased by 35.13% at Rs 6,026.64 crore for Q3FY22 as compared Rs 4,459.93 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 2.83% in its net profit at Rs 2,048.40 crore for the quarter under review as compared to Rs 2108.05 crore for the same quarter in the previous year. However, total income of the company increased by 35.10% at Rs 6,026.68 crore for Q3FY22 as compared Rs 4,460.97 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Coal India 425.00
NMDC 73.80
Ashapura Minechem 491.45
Sandur Manganese 177.05
GMDC 487.05
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