Team News Riveting
Hyderabad, August 2
National Mineral Development Corporation (NMDC) Limited will hold the Board Meeting on August 8, 2023 to consider financial statements for the first quarter (Q1) of the current financial year.
“Notice is hereby given that a Meeting of Board of Directors of the Company is scheduled to be held on Tuesday, 8th August 2023 inter-alia, to consider, approve and take on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the first quarter ended 30th June 2023,” the NMDC Limited said in a regulatory filing today.
Country’s largest iron ore producer and exporter has registered a record performance in the first three months of the current fiscal. The company’s cumulative sales jumped 45.56 per cent to 11.15 million tonnes (MT) compared to the corresponding period of last financial year.
Even NMDC’s production surged by 19.96 per cent during the period. The company reported iron ore output of 10.70 MT during April to June, 2023 while it had produced 7.66 MT during the same period in the last financial year.
