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12-Nov-2024

NMDC

Approved 2:1 bonus issue


'Net sales (including other operating income) of NMDC has increased 22.54% to Rs 4918.91 crore.  Sales of Iron Ore segment has gone up 18.82% to Rs 4,749.04 crore (accounting for 95.98% of total sales).  Sales of Other Minerals & Services segment has gone up 327.63% to Rs 199.06 crore (accounting for 4.02% of total sales).  Inter-segment sales came down from Rs 29.24 crore to Rs 29.19 crore. 

Profit before interest, tax and other unallocable items (PBIT) has jumped 15.46% to Rs 1,454.56 crore.  PBIT of Iron Ore segment rose 23.32% to Rs 1,595.88 crore (accounting for 109.72% of total PBIT).  PBIT of Other Minerals & Services segment fell 312.13% to Rs -141.32 crore (accounting for -9.72% of total PBIT). 

PBIT margin of Iron Ore segment rose from 32.38% to 33.60%.



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