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NMDC’s impressive performance in H1 (2019-20)

Mining News - Published on Wed, 13 Nov 2019

Image Source: deccanherald
NMDC said that the half year performance of 2019-20 has witnessed a growth both in physical and financial performances over CPLY. Iron ore production in H1 is 13.43 million tonnes against 12.24 million tonnes in H1 of 2018-19, registering a growth of 10%. Similarly, iron ore sales hav increased from 13.48 million tonnes in H1 of 2018-19 to 14.49 million tonnes in H1 of 2019-20, witnessing a growth of 7%. The sales turnover for the H1 of 2019-20 is INR 5,505 crore which is 13% higher than the CPLY which was INR 4,860 crore. PBT & PAT for H1 of 2019-20 is INR 2,993 Crore and INR 1,883 Crore respectively which is 7% and 17% more than H1 of 2018-19, i.e. INR 2,790 Crore and INR 1,612 Crore respectively.

Highlights
HeadingUnitQ2'19-20H1'19-20
Iron ore production quantityMillion Tonnes5.0013.43
Sales of iron ore quantityMillion Tonnes5.8214.48
Sales TurnoverINR Crores22425505
Profit Before TaxINR Crores10802993
Profit After TaxINR Crores7031883
 

Source :

Posted By : Arun Huidrom on Wed, 13 Nov 2019
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