12
Feb
10:28
NMDC performance dips year-on-year in fiscal third quarter
Indian state-owned iron ore miner NMDC saw its operating performance lower significantly year-on-year in the third quarter of its current financial year ending on 31 December 2019. In a stock exchange statement monitored by Kallanish, the miner reveals that all major financial indicators were significantly down on those posted in Q3 FY 18-19.
Revenue from operations for Q3 FY 19-20 was -18% lower at INR 3,006 crore ($421.4 million) versus INR 3,649 crore in the ye…
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