- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Bloomberg reported NMDC Ltd. (NSE:NMDC) reported a 22 percent drop in fourth-quarter profit after increased production from its mines failed to counter sliding prices.
Bloomberg reported NMDC Ltd. (NSE:NMDC) reported a 22 percent drop in fourth-quarter profit after increased production from its mines failed to counter sliding prices.
As quoted in the market news:
Net income fell to 16.4 billion rupees ($297 million), or 4.14 rupees a share, in the three months ended March 31 from 21 billion rupees, or 5.29 rupees, a year earlier, the company based in the southern city of Hyderabad said today in a statement. The average profit estimate of 12 analysts surveyed by Bloomberg was 16.9 billion rupees. Sales declined 31 percent to 25.9 billion rupees.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.