NMDC ltd has recorded production of 15.16 million tonnes (MT) of iron ore from its Chhattisgarh mines as on December 31, 2017.
The company had recorded iron ore production of 13 million tonnes (MT) of iron ore from its mines in Chhattisgarh during November this year, it had informed in a regulatory filing.
NMDC has posted a turnover of `2,421 crore during the 2nd quarter of 2017-18, representing an increase of 39% over the turnover of CPlY. It has recorded PBT of `1,241 crore and PAT of `844 crore in the 2nd quarter of 2017-18 which is up by around 19% and 10% respectively over CPlY.
Similarly, NMDC’s production of iron ore for the first half year 2017-18 is 15.67 MT registering a rise of 13% over CPlY and sales of iron ore is 17.48 MT which is up by 11% over the CPlY.
NMDC’s turnover for the first half year of 2017-18 is `5,263 crore, PBT `2,809 crore and PAT `1,814 crore which is increased by 52%, 31% and 22% over the CPlY respectively.
The increase in turnover, PBT and PAT during the reporting quarter/half year of
2017-18 is mainly due to increase in the sales realization and sales volume, apart from the committed efforts of dedicated team of NMDC,officials informed.