NMDC Q4: Iron Ore Production rises marginally by 1 pc at Rs 133.07 crore for Q4FY25
NMDC Ltd. has announced its quarterly financial results for the March-end quarter, where the net profit for Q4 stood at Rs 1,496 crore, a 2 percent increase.
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State-owned NMDC Ltd has announced its quarterly financial results for the March-end quarter, where the net profit for Q4 stood at Rs 1,496 crore, a 2 percent increase.
On a consolidated basis, the Revenue from operations surged by 7 percent to Rs 6,953 crore, compared to Rs 6,475 crore in the corresponding period of the previous year.
EBITDA of the company for the quarter stood at Rs 2538 crore, up by 1 percent as compared to Rs 2554 crore in the previous year's quarter. Margin, however, falls by 2 percent to 37 percent.
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Iron ore production for Q4 is standing at Rs 133.07 crore with a margin increase of 1 percent. Meanwhile, the Iron ore Sales are at Rs 126.68 crore for Q4FY25.
For FY 25, the Net Profit rose significantly by 19 percent to Rs 6693 crore as against Rs 5632 crore of FY 24.
Further, the Board of Directors of the company has proposed a final dividend of Rs 1 per share, subject to approval of shareholders. This is in addition to the first interim dividend of Rs. 2.30 per equity share for FY 2024-25, which has been paid.
Shares of NMDC Ltd are trading down by 1.17 percent at Rs 71.90 at the BSE.
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