'NMDC
consolidated net sales increased 45.43% to Rs 5409.9 crore in Q3FY24 compared
to Q3FY24. Sales of Iron Ore segment has gone up 45% to Rs 53331.09 crore
(accounting for 99% of total sales).
Sales of Other Minerals & Services segment has gone up 44% to Rs
78.81 crore (accounting for 1% of total sales).
Profit
before interest, tax and other unallocable items (PBIT) has jumped 52% to Rs
1854.29 crore.
PBIT of Iron Ore segment
rose 50% to Rs 1887.46 crore (accounting for 102% of total PBIT). PBIT of Other Minerals & Services segment
fell 21% to Rs -33.17 crore (accounting for -2% of total PBIT).
PBIT
margin of Iron Ore segment rose from 34.4% to 35.4%.
PBIT margin of Other Minerals & Services
segment rose from negative -76.5% to negative 42.1%. Overall PBIT margin rose from 32.8% to
34.3%. ...
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(18-Nov-2024)
Bharat Forge
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