NMDC Q2 net up 81 pc at Rs 1,518 crore

The country's largest iron ore producer NMDC today reported a 81 per cent rise in net profit at Rs 1,518 crore in the third quarter of the current fiscal, over the same period a year ago.

NEW DELHI: The country's largest iron ore producer NMDC today reported a 81 per cent rise in net profit at Rs 1,518 crore in the third quarter of the current fiscal, over the same period a year ago.

The company had posted a profit of Rs 837.07 crore for the same period last fiscal, the company said in a statement.

The company reported net sales of Rs 2,621 crore in the reporting quarter against Rs 1,587 crore in the year-ago period, the statement added.

The company said its board approved an interim dividend of Re 1.15 per equity share for the current fiscal.
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