NMDC Limited reported strong financial results for the third quarter ended December 31, 2024 (Q3 FY25), driven by significant growth in revenue and profitability. The company’s revenue from operations increased by 21.4% year-on-year (YoY) to Rs 6,568 crore, compared to Rs 5,409 crore in the same period last year, supported by higher iron ore sales and improved pricing.
Net profit for the quarter stood at Rs 1,897 crore, reflecting a 29% growth from Rs 1,470 crore in Q3 FY24, driven by effective cost management and higher operational efficiency.
Key financial highlights for Q3 FY25:
- Revenue from operations: Rs 6,568 crore, up 21.4% YoY from Rs 5,409 crore.
- Total income: Rs 6,943 crore, compared to Rs 5,747 crore YoY.
- Net profit: Rs 1,897 crore, up 29% YoY from Rs 1,470 crore.
- Total expenses: Rs 4,359 crore, compared to Rs 3,516 crore YoY, due to increased royalty and selling expenses.
- Profit before tax: Rs 2,584 crore, up from Rs 1,977 crore YoY.
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