{"id":93614,"date":"2021-08-14T12:17:30","date_gmt":"2021-08-14T06:47:30","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=93614"},"modified":"2021-08-14T12:17:30","modified_gmt":"2021-08-14T06:47:30","slug":"national-mineral-development-corporation-nmdc-records-best-ever-q1-performance-since-inception","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/national-mineral-development-corporation-nmdc-records-best-ever-q1-performance-since-inception\/","title":{"rendered":"National Mineral Development Corporation ( NMDC) Records Best Ever Q1 Performance since inception"},"content":{"rendered":"

\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p>

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DELHI : 14 AUG 2021\u00a0<\/em><\/strong><\/div>\n
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National Mineral Development Corporation ( NMDC) , a public enterprise under Ministry of Steel\u00a0 produced 8.91 million tonnes of iron and sold.<\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n
<\/td>\nQ1(FY21)<\/td>\nQ1(FY22)<\/td>\nUp by %<\/td>\n<\/tr>\n
Production (Million Tonnes)<\/td>\n6.61<\/td>\n8.91<\/td>\n35%<\/td>\n<\/tr>\n
Sales (Million Tonnes)<\/td>\n6.28<\/td>\n9.45<\/td>\n51%<\/td>\n<\/tr>\n
Turnover (Rs. in Crore)<\/td>\n1938<\/td>\n6512<\/td>\n236%<\/td>\n<\/tr>\n
Profit Before Tax (Rs. in Crore)<\/td>\n759<\/td>\n4263<\/td>\n462%<\/td>\n<\/tr>\n
Profit After Tax (Rs. in Crore)<\/td>\n533<\/td>\n3193<\/td>\n499%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

9.45 million tonnes during Q1 FY22, achieving a growth of 35% over the corresponding quarter of the previous year and 51% in sales over the corresponding quarter of the previous year.<\/p>\n

This excellent performance, achieved on the back of robust domestic demand and peaking of international iron ore prices, makes this the best Q1 for NMDC since the company\u2019s inception.<\/p>\n

At Rs 4,263 crore, Profit Before Tax (PBT) for the quarter registered a 462% growth against the Rs 759 crore achieved during Q1 of FY2021. Profit After Tax (PAT) at Rs 3,193 crore, saw a 499 % increase against the Rs 533 crore achieved during Q1 of 2021.\u00a0 Turnover during this quarter grew 236% from Rs. 1,938 crore in Q1 2021 to Rs.6,512 crore in Q1 FY 2022.<\/p>\n

Commenting on this performance, Shri Sumit Deb, CMD, NMDC said that\u00a0 the Government\u2019s determination to continue spending on infrastructure projects while we return to normalcy is extremely encouraging for NMDC.<\/p>\n

******<\/p>","protected":false},"excerpt":{"rendered":"

\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 DELHI : 14 AUG 2021\u00a0 National Mineral Development Corporation ( NMDC) , a public enterprise under Ministry of Steel\u00a0 produced 8.91 million tonnes of iron and sold.   Q1(FY21) Q1(FY22) Up by % Production (Million Tonnes) 6.61 8.91 35% Sales […]<\/p>\n","protected":false},"author":12,"featured_media":93616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[109,122],"tags":[50602],"class_list":["post-93614","post","type-post","status-publish","format-standard","has-post-thumbnail","category-national","category-news","tag-national-mineral-development-corporation"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t