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NMDC Limited Q4FY23 Earnings Story

NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power.

Financial Results:

  • NMDC Limited reported Total Income for Q4FY23 of ₹ 5,843 Crores down from ₹ 7,118 Crore year on year, a fall of 18%.
  • Total Expenses for Q4FY23 of ₹ 3,794 Crores down from ₹ 4,198 Crores year on year, fall of 10%.

  • Consolidated Net Profit of ₹ 2,277 Crores, up 22% from ₹ 1,862 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 7.75, up 22% from ₹ 6.37 in the same quarter of the previous year.
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