India's NMDC Steel Limited achieved a net profit of INR 610 million ($6.49 million) in the second quarter (July-September) of the fiscal year 2026-27, against a net loss of INR 1.2 billion ($12.42 million) in the corresponding quarter of the previous fiscal year, according to a company statement on Friday, November 13.
The company reported total revenues of INR 37.6 billion ($400.72 million) in the given quarter, a rise of 11 percent year on year.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
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