<p>New Delhi: State-owned NMDC on Wednesday posted a 62 pc rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, pushed by higher income.</p>.<p>It had clocked a net profit of Rs 903.89 crore in the year-ago period, the mining company said in an exchange filing.</p>.<p>The company's total income surged to Rs 5,746.47 crore over Rs 3,924.75 crore a year ago.</p>.<p>NMDC's expenses stood at Rs 3,516.78 crore in the third quarter of the current fiscal as against Rs 2,693.01 crore a year ago.</p>.<p>The board of the company has also approved an interim dividend of Rs 5.75 per equity share for 2023-24 and fixed February 27 as the record date for the purpose.</p>.<p>NMDC, under the Ministry of Steel, is India's largest iron ore mining company contributing to around 20 per cent of the country's demand of the key steel making raw material.</p>
<p>New Delhi: State-owned NMDC on Wednesday posted a 62 pc rise in consolidated net profit to Rs 1,469.73 crore in the December quarter, pushed by higher income.</p>.<p>It had clocked a net profit of Rs 903.89 crore in the year-ago period, the mining company said in an exchange filing.</p>.<p>The company's total income surged to Rs 5,746.47 crore over Rs 3,924.75 crore a year ago.</p>.<p>NMDC's expenses stood at Rs 3,516.78 crore in the third quarter of the current fiscal as against Rs 2,693.01 crore a year ago.</p>.<p>The board of the company has also approved an interim dividend of Rs 5.75 per equity share for 2023-24 and fixed February 27 as the record date for the purpose.</p>.<p>NMDC, under the Ministry of Steel, is India's largest iron ore mining company contributing to around 20 per cent of the country's demand of the key steel making raw material.</p>