NMDC has reported production of iron ore at 3.48 (MT) in month of April 2024 compared to 3.51 MT in April 2023. Sales of iron ore stood at 3.53 MT in April 2024 compared to 3.43 MT in April 2023. Powered by Capital Market - Live News

NMDC announced revision in prices of iron ore with effect from 21 March 2024 as under:i) Lump Ore (65.5%, 10-40mm) @ Rs.5,800/- per ton. ii) Fines (64%,-10mm) @ Rs.5,060/- per ton. Powered by Capital Market - Live News

NMDC produced 3.92 MT of iron ore in month of February 2024 compared to 4.48 MT in February 2023. The company`s iron ore sales rose to 3.99 MT in February 2024 compared to 3.78 MT in February 2023. Powered by Capital Market - Live News

NMDC reported a tragic incident at a construction site in the Kirandul Complex of NMDC wherein 4 lives were lost due to the collapse of rock formations on the hillside. An unpredictable collapse of strata from a 15 meter high and 70 meter length rock formation landed on the workers on the construction site at Screening Plant III. Though rescue operations were immediately initiated, 4 contractual workmen could not be rescued alive. Two other contractual workmen who sustained injuries during this incident are being treated at the NMDC Hospital and now out of harms way. Powered by Capital Market - Live News

Net profit of NMDC rose 62.65% to Rs 1483.93 crore in the quarter ended December 2023 as against Rs 912.33 crore during the previous quarter ended December 2022. Sales rose 45.43% to Rs 5409.90 crore in the quarter ended December 2023 as against Rs 3719.99 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales5409.903719.99 45 OPM %37.1030.66 - PBDT2311.691315.45 76 PBT2229.691231.74 81 NP1483.93912.33 63 Powered by Capital Market - Live News