NMDC Q2 net profit dips 18%
Submitted by Faarooq Mehmood on Wed, 10/28/2009 - 18:41NMDC, leading mining firm has recorded disappointing results for the second quarter ended September 30, 2009.
The company as posted a dip of 18% in its net profit which stood at Rs 771 crore in the second quarter ended September 30, 2009.
In the comparable period a year before, the company has registered a net profit of Rs 944.93 crore.
Total income of the company has witnessed a downward trend to Rs 1,565.76 crore during the reporting period, as compared to Rs 1,857.27 crore in the quarter ended September 30, 2008.
