New Delhi, Aug 11 (PTI) Iron ore company NMDC on Friday posted a 13 per cent rise in its consolidated net profit to Rs 1,661.04 crore in the April-June quarter, boosted by higher income.
It had clocked a net profit of Rs 1,471.24 crore in the April-June period of the 2022-23 fiscal, the company said in a regulatory filing.
The company's total income surged to Rs 5,688.87 crore from Rs 4,913.06 crore in the year-ago quarter.
Total expenses also grew to Rs 3,476.55 crore as compared to Rs 2,968.94 crore a year ago.
Hyderabad-based NMDC, under the Ministry of Steel, is the country's largest iron ore mining company.
(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)













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