Latest News | NLC India Q3 Consolidated Loss at Rs 396 Crore

New Delhi, Feb 13 (PTI) NLC India Ltd on Monday reported a consolidated loss of Rs 396.35 crore for the quarter ended on December 31, 2022.

The company had posted a consolidated profit of Rs 229.88 crore in the corresponding quarter of previous fiscal, NLC India said in a regulatory filing.

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The consolidated income of the company during the October-December period increased to Rs 3,982.49 crore, over Rs 2,845.08 crore in the year-ago period, the filing said.

The PSU said that its board has declared an interim dividend of 15 per cent, i.e. Rs 1.50 per equity share, for 2022-23.

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NLC India, which comes under the coal ministry, is into mining and power generation.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)