NMDC Q2 net up 48% at Rs945 cr

NMDC Q2 net up 48% at Rs945 cr
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First Published: Mon, Oct 27 2008. 03 47 PM IST
Updated: Mon, Oct 27 2008. 03 47 PM IST
PTI
Mumbai: Domestic mining major NMDC today said its net profit for the second quarter ended 30 September stood at Rs944.93 crore, a 47.64% growth over the same period a year ago.
The company had a net profit of Rs640.02 crore in the second quarter of FY 2008, NMDC said in a filing to the Bombay Stock Exchange.
Total income rose by 44.79% at Rs1,857.27 crore in the quarter under review, from Rs1,282.72 crore in the same period last year.
For six months ended 30 September, NMDC registered a net profit of Rs1,926.24 crore, a 52.17% jump over the year-ago period . The company had a net profit of Rs1,265.79 crore in the July-September period.
Total income rose to Rs3,298.90 crore during six-month period from Rs2,213.01 crore in the same period last fiscal.
Shares of the company were trading at Rs 143, down 4.98 per cent on the BSE.
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First Published: Mon, Oct 27 2008. 03 47 PM IST