NMDC posts 49 percent rise in Q3 net at Rs 886 crore
New Delhi: NMDC Ltd today reported 48.9 percent rise in standalone profit at Rs 886.53 crore for the quarter ended December 2017.
The company had posted a profit of Rs 595.16 crore in the corresponding quarter of the previous fiscal, NMDC Ltd said in a BSE filing.
However, the standalone revenue from operations declined marginally to Rs 2,469.03 crore from Rs 2,497.86 crore in the year-ago period.
NMDC -- the country's top iron ore producer -- presently produces about 30 million tonnes of iron ore from three fully mechanised mines.