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14 Aug

NMDC's quarterly production, earnings increase

NMDC iron ore production surged 20% on-year to 10.7 million tonnes in the June quarter, compared to 8.92mt produced a year ago. Deliveries also grew 41% to 10.97mt during the period, NMDC informs in a note seen by Kallanish. In the fiscal year through 31 March 2023 (FY23), the miner’s production and sales dropped 3% and 6%, respectively, to 40.82mt and 38.22mt, it says providing revised data. "For two consecutive fiscals in FY22 and FY23, we produced o…
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Sayed Aameer  |  India
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