Investor Presentation
NMDC posted strong operational results for the recent quarter and nine-month period. **Business Performance:** For the quarter, iron ore production surged to a record 146.84 LT (+10% YoY), with sales at 127.07 LT (+6% YoY), also a Q3 record.
Revenue from operations rose 15% to ₹7,486 Cr.
However, profit after tax (PAT) dipped 11% to ₹1,738 Cr, primarily due to a 13% drop in average sales realization.
For the nine-month period, the company achieved best-ever production (368.86 LT, +20% YoY), sales (349.40 LT, +10% YoY), and revenue (₹20,381 Cr, +22% YoY), with PAT up 4% to ₹5,401 Cr. **Growth Drivers/Recent Developments:** Record-breaking production and sales volumes for both periods highlight robust operational efficiency and strong market demand, despite pricing pressures impacting realizations.
These 'best ever' figures indicate solid execution. **Key Financials:** * Q3 Revenue: ₹7,486 Cr * Q3 PAT: ₹1,738 Cr * 9M Revenue: ₹20,381 Cr * 9M PAT: ₹5,401 Cr **Management Outlook:** No explicit management commentary or forward-looking plans were provided in the accessible pages of the presentation.
No comments yet. Be the first.