scorecardresearchEarnings Impact: NMDC Ltd's shares down over 4% after weak Q2FY23 earnings

Earnings Impact: NMDC Ltd's shares down over 4% after weak Q2FY23 earnings

Updated: 15 Nov 2022, 03:08 PM IST
TL;DR.
  • The country’s largest iron ore producer NMDC's net profit for the September quarter slumped 62% on year to 889 crores from 2,342 crores, down 40% QoQ.
NMDC’s Nagarnar Steel Plant commissions coke oven battery (Hindustan Times Media Mint Delhi)

NMDC’s Nagarnar Steel Plant commissions coke oven battery (Hindustan Times Media Mint Delhi)