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.