NMDC Q3 results: Net profit grows 29% to Rs 1,897 cr; production rises 9%

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NMDC Q3 results: Net profit grows 29% to Rs 1,897 cr; production rises 9% - Business Standard

Quick Summary:

Total income rose by 21 per cent to Rs 6,942.92 crore in the third quarter of FY25 compared to Rs 5,746.47 crore in the year-ago period, the company said in an exchange filing.

State-owned NMDC on Thursday reported a 29 per cent rise in consolidated net profit to Rs 1,896.66 crore in the October-December quarter of 2024-25, mainly driven by higher income.

Total production in the quarter rose by 9 per cent to 13.29 million tonnes (MT) over 12.22 MT in the same quarter last year.