NMDC Q3 net profit falls to Rs 1,747 crore

New Delhi: NMDC Limited on Tuesday posted around 8 percent fall year-on-year in consolidated net profit to Rs 1,747.01 crore in the December quarter, impacted by higher expenses.

It had reported a net profit of Rs 1,896.66 crore in the October-December period of preceding 2024-25 financial year, the company said in an exchange filing.

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The company's total income, however, rose to Rs 7,983.38 crore from Rs 6,942.92 crore in the same quarter a year ago, posting a rise of about 15 percent.

NMDC saw expenses rising to Rs 5 608.54 crore from Rs 4 359.07 Q3FY25.

The board also approved an interim dividend of Rs 2.50 per equity share of face value of Re 1 each for the financial year 2025-26.

NMDC, under the Ministry of Steel, is India's largest iron ore producing entity.

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