NMDC, the leading iron ore company, announces a 13% rise in consolidated net profit for Q1 to reach Rs 1,661.04 crore, boosted by increased income. In the same period of the previous fiscal year (2022-23), NMDC had achieved a net profit of Rs 1,471.24 crore, as stated in a regulatory filing.
Total income witnesses a substantial surge, reaching Rs 5,688.87 crore from the previous year’s Rs 4,913.06 crore during the same quarter. Correspondingly, total expenses also grow, reaching Rs 3,476.55 crore compared to Rs 2,968.94 crore in the same period the previous year.
NMDC, headquartered in Hyderabad and under the Ministry of Steel, is the country’s largest iron ore mining company. The company’s strong financial performance in Q1 solidifies its prominent position in the iron ore industry.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
