
India's largest iron ore producer NMDC has clocked a 22 per cent rise in its net profit for the quarter ended December 31, 2011 at Rs 1859 crore, as compared to Rs 1518 crore in the year-ago period, mostly on the back of higher sales.
During the period, the company reported net sales of Rs 2822 crore (Rs 2621 crore).
Why gold could be on fire in second half of 2012
The Board of Directors has approved a further interim dividend of Re 1 per equity share, taking the total interim dividend so far to Rs 2 per equity share for the current fiscal.