NMDC Q2 net slips 18pct YoY
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Sunday, 01 Nov 2009
India’s single largest iron ore producer and exporter NMDC announced results for the quarter ended Sep. 30, 2009.
Its net profit dropped by 18.42% YoY at INR 7,708.50 million for the quarter ended September 30th 2009 as compared to INR 9,449.30 million for the quarter ended September 30th 2008.
Total income decreased by 15.70% YoY from INR 18,572.70 million for the quarter ended September 30th 2008 to INR 15,657.60 million for the quarter ended September 30th 2009.
Net sales stood at INR 13,901.30, registering a decline of 14.39% YoY.
