NMDC revenue up 20% in q1

Hyderabad

Iron ore producer NMDC has reported a internet revenue of ₹1,984 crore for the primary quarter of this fiscal up 20 per cent from the identical interval final fiscal.

The corporate recorded a turnover of ₹5,378 crore, with Revenue After Tax (PAT) at ₹1,984 crore, and EBITDA of ₹2,725 crore within the first quarter of this monetary 12 months. 

Commenting on the corporate’s outcomes, Amitava Mukherjee, CMD (Addl. Cost) stated, “It is a good begin to the fiscal 12 months as mirrored in our Q1 earnings. Our strategic deal with technological innovation and operational excellence has pushed outstanding outcomes, positioning us as a cornerstone within the trade. Buoyed by this momentum, we’re on observe to realize a manufacturing goal of fifty MnT by the top of FY25, additional contributing to the nation’s financial progress.”



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