NMDC reports 16% rise in Q2 consolidated net profit

15 Nov 2023 Evaluate

NMDC has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 15.64% rise in its net profit at Rs 1027.63 crore for the quarter under review as compared to Rs 888.68 crore for the same quarter in the previous year. Total income of the company increased by 15.45% at Rs 4334.64 crore for Q2FY24 as compared to Rs 3754.45 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 15.72% rise in its net profit at Rs 1024.86 crore for Q2FY24 as compared to Rs 885.65 crore for the same quarter in the previous year. Total income of the company increased by 15.45% at Rs 4335.02 crore for Q2FY24 as compared to Rs 3754.77 crore for the corresponding quarter previous year.

NMDC Share Price

264.95 9.00 (3.52%)
14-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Coal India 448.60
NMDC 264.95
GMDC 409.25
Sandur Manganese 506.65
MOIL 439.85
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