Jumps News
NMDC profit jumps 80%, sales 90% in Q1
NMDC Ltd, the country’s largest iron ore mining firm, witnessed a jump of 80 per cent in its first-quarter profit on the back of increased demand of iron ore from steel companies and a rise in prices. The company’s sales rose 90 per cent to Rs 2,400 crore in the first quarter of the current fiscal.
Steel consumption in the country rose by 12 per cent in May due to a strong demand from
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