Hyderabad, Feb. 6 -- National Mineral Development Corporation (NMDC), India's largest iron ore producer, on Thursday reported a 30 per cet increase in its net profit to Rs 1944 crore for Q3 FY25 against Rs 1492 crore in the corresponding period last year.
The revenue during the quarter rose 21 percent to Rs. 6,531 crore compared to Rs.5,410 crore last year, the state-owned mining company said in a release here.
Though the production during the quarter increased 9 per cent to 13.29 MT compared to corresponding period last year, the 9-months cumulative production declined to 30.77 MT
from 31.78 MT in the corresponding period last year.
However in the company's sales for 9-months also slightly down to 31.74 MT from 31.94 MT in correspondin...