NMDC has recorded a turnover of Rs 17,667 crore, with Profit Before Tax (PBT) at Rs 7637 crore and Profit After Tax (PAT) at Rs 5,529 crore in FY 2022-23. The mining major has also announced 2nd and final dividend of Rs 2.85 per share.
The firm reported revenue from operations of ?3,719.99 Cr in Q3FY23 compared to ?5,873.77 Cr in the corresponding quarter last year, a decline of 36.66% YoY. Additionally, its total income plummeted to ?3,924.75 crore from ?6,026.68 crore in the same quarter last year. The company’s net expenses stood at ?2 693.01 Cr in the quarter ended December 2022 against ?3 332.44 Cr recorded in the year-ago quarter.
