Author: helenpresler925

NMDC Exhibits a 125% growth in first nine months of FY22

The largest iron ore producer of India, National Mineral Development Corporation (NMDC), under Ministry of Steel registered a 125% growth in turnover of Rs.19,179 crore for the first nine months of FY22 compared to Rs. 8,522 crore achieved during FY21. Profit Before Tax (PBT) for the nine months is Rs.10,101 crore reflecting a growth of 118% against the Rs.4,633 crore for the CPLY. Profit After Tax (PAT) for the 9 months of FY 22 increased to Rs.7,583 crore which is 122% over Rs.3,415 crore reported during the first nine months of FY 21. ... Read more