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05 Feb
17:27

NMDC posts strong third-quarter financial performance

Indian state-owned miner NMDC produced a very healthy set of financial results in the third quarter of its current financial year ending on 31 December 2018. In a stock exchange statement monitored by Kallanish, the miner described its own performance as “… spectacular.” Turnover for Q3 FY18-19 rose by 48% to INR 3,649 crore ($509.55 million) versus INR 2,469 crore in the year-before period. After tax profit (PAT) was INR 1,577 crore meanwhile…
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