sector: Basic Materials ·
industry: Steel ·
As of
25 Nov 2009
408.30INR
NMDC Limited is an India-based company engaged in the business of iron ore and other minerals and services. During the fiscal year ended March 31, 2009 (fiscal 2009), seven units of wind electricity generators having a capacity of 1.5 megawatts each have been commissioned and generated 65.46 lakh kilowatt hours of power. The power is being transmitted to the grid of Karnataka Power Transmission Corporation Limited. During fiscal 2009, the Company incorporated a subsidiary, NMDC-CMDC Ltd.
BRIEF: For the six months ended 30 September 2009, NMDC Limited's revenue decreased 17% to RS30.73B. Net income decreased 20% to RS15.45B. Revenues reflect a decrease in income from iron ore segment and a fall in earnings from other minerals & services segment. Net income also reflects an increase in consumption of stores & spares, a rise in employee cost and an increase in other expenditure. The Company is in the business of diamonds.
NMDC Limited
Khanij Bhavan
10-3-311/A, Castle Hills
Masab Tank
Hyderabad 500 028
P: +9140.23538713
F: +9140.23538711