| Company | Value | Change | %Change |
|---|
NMDC’s net profit surged by 29% from last year to ₹1,896.7 crore. The company had reported a net profit of ₹1,470 crore during the previous quarter a year ago. A CNBC-TV18 poll expected the company to report a net profit of ₹1,999 crore.
Revenue for the third quarter increased by 21.4% from the year-ago period to ₹6,568 crore, higher than the ₹5,410 crore it had reported during the same quarter last year. The topline was higher than CNBC-TV18’s poll of ₹6,499 crore.
| Q3fy25 | Q3fy24 | ||
| Revenue |
21%
|
6,568.00
|
5,410.00
|
| Ebitda |
18%
|
2,372.30
|
2,007.00
|
| EBITDA margins |
|
36.1%
|
37.1%
|
NMDC’s Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose by 18.2% on a year-on-year basis to ₹2,372 crore, while margin contracted to 36% from 37% during the same quarter last year.
| PAT |
29%
|
1,897.00
|
1,470.00
|
| Other income |
11%
|
375
|
337
|
| Finance cost |
89%
|
60.6
|
32
|
Shares of NMDC are currently trading 0.71% higher on Thursday at ₹65.60. The stock has corrected over 30% from its recent peak of ₹95.45.
First Published: Feb 6, 2025 1:33 PM IS
