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NMDC reports 38% fall in Q4 consolidated net profit

28 May 2024 Evaluate

NMDC has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 35.79% fall in its net profit at Rs 1,462.03 crore for the quarter under review as compared to Rs 2,277.06 crore for the same quarter in the previous year. However, total income of the company increased by 18.04% at Rs 6,892.91 crore for Q4FY24 as compared Rs 5,839.39 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 37.83% fall in its net profit at Rs 1,415.62 crore for fourth quarter ended March 31, 2024 as compared to Rs 2,276.94 crore for the same quarter in the previous year. However, total income of the company increased by 18.24% at Rs 6,908.37 crore for Q4FY24 as compared Rs 5,842.52 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 1.87% rise in its net profit at Rs 5,631.89 crore as compared to Rs 5,528.63 crore for the previous year. Total income of the company increased by 23% at Rs 22,649.35 crore for year under review as compared to Rs 18,414.73 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 0.61% rise in its net profit at Rs 5,571.25 crore as compared to Rs 5,537.72 crore for the previous year. Total income of the company increased by 23.02% at Rs 22,678.73 crore for year under review as compared to Rs 18,435.10 crore for year ended March 31, 2023.

NMDC Share Price

89.78 2.60 (2.98%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
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