NMDC Q3 profit declines 8% amid rising costs
after close1 source ↓written by the desknot a recommendation
- from ₹1
- 8%
- Revenue surged
- 16%
- ₹7,610 crore
- interim dividend
- ₹2.50 per share
- EBITDA fell
- ₹2,144.3 crore
NMDC reported a consolidated net profit of ₹1,747 crore, down 8% from ₹1,896 crore a year ago, due to higher operating expenses. Revenue surged 16% to ₹7,610 crore. The company declared an interim dividend of ₹2.50 per share. EBITDA fell to ₹2,144.3 crore, with margins narrowing to 28.2%.
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