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NMDC Q3 net profit up by 81 per cent at Rs 1,518 crore
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| merisarkar news service, New Delhi, February 03, 2011 |
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Net profit of 1,518 Cr: Rana Som
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The country's largest iron ore producer NMDC reported a 81 per cent rise in net profit at Rs. 1,518 crore in the third quarter of the current fiscal, over the same period a year ago.
The company had posted a profit of Rs. 837.07 crore for the same period last fiscal, the company said in a statement.
The company reported net sales of Rs. 2,621 crore in the reporting quarter against Rs. 1,587 crore in the year-ago period, the statement added.
The company said its board approved an interim dividend of Rs. 1.15 per equity share for the current fiscal.
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