Hot Pursuit     06-Feb-25
NMDC Q3 PAT climbs 29% YoY to Rs 1,897 cr
NMDC's consolidated net profit (from continuing operations) jumped 29.04% to Rs 1,896.99 crore in Q3 FY25 as compared with Rs 1,470.09 crore in Q3 FY24.
Revenue from operations increased 21.4% YoY to Rs 6,567.83 crore in Q3 FY25.

Profit before tax (PBT) jumped 30.67% to Rs 2583.85 crore in Q3 FY25 as against 1977.39 crore in Q3 FY24.

Revenue from iron ore stood at Rs 6,434.17 crore (up 19.94% YoY), revenue from pellet, other minerals, products & services was at Rs 169.13 crore (up 114.6% YoY) during the period under review.

NMDC is India's single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines, two located in Chhattisgarh and one in Karnataka. As of December 2024, the Government of India held 60.79% stake in the firm.

The counter fell 0.58% to Rs 64.78 on the BSE.

Previous News
  Indices trade with significant gains; media shares advance
 ( Market Commentary - Mid-Session 21-Mar-24   14:31 )
  NMDC consolidated net profit rises 26.82% in the December 2024 quarter
 ( Results - Announcements 06-Feb-25   13:47 )
  Stock Alert: NMDC, Tata Motors, South Indian Bank, DCX Systems
 ( Market Commentary - Stock Alert 02-Jan-25   08:36 )
  NMDC iron ore production rises YoY to 3.04 MT in Sept'24
 ( Hot Pursuit - 03-Oct-24   08:38 )
  Barometers nudge higher; breadth strong
 ( Market Commentary - Mid-Session 02-Jan-25   09:38 )
  NMDC records 5% YoY rise in iron ore production in Dec'24; sales add up to 3.91 MT
 ( Hot Pursuit - 02-Jan-25   10:09 )
  NMDC consolidated net profit declines 37.81% in the March 2024 quarter
 ( Results - Announcements 28-May-24   07:41 )
  NMDC appoints Amitava Mukherjee as chairman & managing director
 ( Hot Pursuit - 07-Mar-25   13:00 )
  NMDC revises prices of iron ore
 ( Corporate News - 14-Sep-23   15:08 )
  NMDC iron ore production slips 13% YoY in Mar'24
 ( Hot Pursuit - 02-Apr-24   12:26 )
  NMDC fixes record date for first interim dividend
 ( Market Beat - Reports 14-Feb-23   20:29 )
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