NMDC’s standalone net revenue for the quarter ended March elevated greater than 2% to ₹1,496.16 crore (₹1,462.03 crore).
Revenue from operations of the State-owned miner and India’s largest iron ore producer elevated over 7% to ₹6,953.13 crore (₹6,475.27 crore).
For 2024-25, the corporate reported 19% increased net revenue at ₹6,692.60 crore (₹5,631.89 crore) and a 11% enhance in income from operations at ₹23,668.32 crore (₹21,293.81 crore).
“Our focus has always been on consistent, year-on-year progress to reach the milestone of 100 million tonnes per annum [production target] in next five years,” Chairman and Managing Director Amitava Mukherjee.
NMDC emblem
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Arrangement
The initiatives undertaken in current years had been now translating into tangible outcomes. In the continued quarter, the main target stays on innovation, sustainability and worth creation. “We are firmly on track to achieve our long-term target,” he mentioned in a launch.
The firm has declared a last dividend of ₹1 per share.
Published – May 27, 2025 08:59 pm IST
