Trade Resources Industry Views NMDC Released Its Financial Result for Q1 Ended on June 30th of Fiscal Year 2013/14

NMDC Released Its Financial Result for Q1 Ended on June 30th of Fiscal Year 2013/14

Tags: miner, Mineral

It’s reported that the Indian state-owned miner National Mineral Development Corporation (NMDC) released its financial result for the first quarter ended on June 30th of fiscal year 2013/14.

In the first quarter of this year, NMDC’s net profit totaled INR15.7 billion, falling by 17.5% year on year. The company realized sales revenues of INR28.7 billion, up slightly from INR28.4 billion in the same period of a year ago.

Besides, NMDC’s net iron ore sales totaled INR28.3 billion, up by 1% year on year.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65790&division=A6
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NMDC’s Net Profit Falls by 17.5% in Q1 of Fy2013/14
Topics: Metallurgy