NMDC has reported results for second quarter ended September 30, 2013.
The company has reported a fall of 21.46% in its net profit at Rs 1318.36 crore for the quarter as compared to Rs 1678.62 crore for the same quarter in the previous year. Total income of the company has decreased by 5.53% at Rs 3018.29 crore for quarter under review as compared to Rs 3195.06 crore for the quarter ended September 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.