NMDC inches up on reporting 22% rise in Q4 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
NMDC is currently trading at Rs. 105.90, up by 0.10 points or 0.09% from its previous closing of Rs. 105.80 on the BSE.
The scrip opened at Rs. 106.70 and has touched a high and low of Rs. 107.05 and Rs. 105.25 respectively. So far 439108 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 131.85 on 13-Jan-2023 and a 52 week low of Rs. 81.27 on 15-Jul-2022.
Last one week high and low of the scrip stood at Rs. 107.05 and Rs. 103.75 respectively. The current market cap of the company is Rs. 31049.77 crore.
The promoters holding in the company stood at 60.79%, while Institutions and Non-Institutions held 26.73% and 12.48% respectively.
NMDC has reported 22.29% rise in net profit at Rs 2277.06 crore for the quarter ended March 31, 2023 as compared to Rs 1861.95 crore for the same quarter in the previous year. However, total income of the company decreased by 17.96% at Rs 5839.39 crore for Q4FY23 as compared to Rs 7117.85 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 22.28% rise in its net profit at Rs 2276.94 crore for fourth quarter ended March 31, 2023 as compared to Rs 1862.09 crore for the same quarter in the previous year. However, total income of the company decreased by 17.92% at Rs 5842.52 crore for Q4FY23 as compared to Rs 7117.89 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 41.48% fall in its net profit at Rs 5528.63 crore as compared to Rs 9447.59 crore for the previous year. Total income of the company decreased by 30.99% at Rs 18414.73 crore for year under review as compared to Rs 26683.12 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 41.34% fall in its net profit at Rs 5537.72 crore as compared to Rs 9440.42 crore for the previous year. Total income of the company decreased by 30.91% at Rs 18435.10 crore for year under review as compared to Rs 26683.31 crore for year ended March 31, 2022.
