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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.

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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