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13-Aug-2024

NMDC

PBT up 19%


'Consolidated net sales (including other operating income) of NMDC has increased 0.36% to Rs 5414.19 crore.  Sales of Iron Ore segment has gone up 0.35% to Rs 5,342.33 crore (accounting for 98.67% of total sales).  Sales of Other Minerals & Services segment has gone up 1.28% to Rs 71.86 crore (accounting for 1.33% of total sales). 

Profit before interest, tax and other unallocable items (PBIT) has jumped 17.47% to Rs 2,430.94 crore.  PBIT of Iron Ore segment rose 18.15% to Rs 2,487.98 crore (accounting for 102.35% of total PBIT).  PBIT of Other Minerals & Services segment fell 56.19% to Rs -57.04 crore (accounting for -2.35% of total PBIT). 

PBIT margin of Iron Ore segment rose from 39.56% to 46.57%.  PBIT margin of Other Minerals & Services segment fell from negative 51.47% t...



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