{"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":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-pa\">\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 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p><p><\/p>\n<div class=\"text-center\">\n<h2>\n<span id=\"ltrSubtitle\"><\/span><\/h2>\n<\/div>\n<div class=\"ReleaseDateSubHeaddateTime text-center pt20\"><strong><em>DELHI : 14 AUG 2021\u00a0<\/em><\/strong><\/div>\n<div class=\"pt20\"><\/div>\n<p>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>&nbsp;<\/p>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td><\/td>\n<td>Q1(FY21)<\/td>\n<td>Q1(FY22)<\/td>\n<td>Up by %<\/td>\n<\/tr>\n<tr>\n<td>Production (Million Tonnes)<\/td>\n<td>6.61<\/td>\n<td>8.91<\/td>\n<td>35%<\/td>\n<\/tr>\n<tr>\n<td>Sales (Million Tonnes)<\/td>\n<td>6.28<\/td>\n<td>9.45<\/td>\n<td>51%<\/td>\n<\/tr>\n<tr>\n<td>Turnover (Rs. in Crore)<\/td>\n<td>1938<\/td>\n<td>6512<\/td>\n<td>236%<\/td>\n<\/tr>\n<tr>\n<td>Profit Before Tax (Rs. in Crore)<\/td>\n<td>759<\/td>\n<td>4263<\/td>\n<td>462%<\/td>\n<\/tr>\n<tr>\n<td>Profit After Tax (Rs. in Crore)<\/td>\n<td>533<\/td>\n<td>3193<\/td>\n<td>499%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>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<p>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<p>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<p>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>******<\/p>","protected":false},"excerpt":{"rendered":"<p>\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. &nbsp; Q1(FY21) Q1(FY22) Up by % Production (Million Tonnes) 6.61 8.91 35% Sales [&hellip;]<\/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":{"0":"post-93614","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"category-news","9":"tag-national-mineral-development-corporation"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/93614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/comments?post=93614"}],"version-history":[{"count":0,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/93614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media\/93616"}],"wp:attachment":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media?parent=93614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/categories?post=93614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/tags?post=93614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}