NMDC has reported results for first quarter ended June 30, 2013.
On standalone basis, the company has reported 17.51% decline in its net profit at Rs 1572.19 crore for the quarter, as compared to Rs 1906 crore for the same quarter in the previous year. Total income of the company has decreased marginally by 0.02% to Rs 3391.53 crore for the quarter under review as compared to Rs 3392.49 crore for the quarter ended June 30, 2012.
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.
