NMDC Q1 net profit up 21% at ?1,178 crore

NMDC

NEW DELHI: State-owned miner NMDC on Tuesday reported 21 per cent rise in consolidated net profit at ?1,178.01 crore for June quarter 2019 on the back of higher income.

The company had posted a profit of ?974.29 crore in the year-ago quarter, NMDC said in a filing to the BSE.

Total income during the quarter under review rose to ?3,386.65 crore from ?2,547.33 crore in April-June, 2018-19.

Total expenses stood at ?1,474.76 crore as compared to ?1,071.66 crore in the year-ago period.
News Source: livemint

Request A 2 Days Free Trial

*Note:- By Agreeing to the terms & conditions, even if you are NDNC registered customer, you agree to receive call and sms from Bigprofitbuzz.com.

Facebook Iconfacebook like buttonYouTube IconTwitter Icontwitter follow button