State-owned NMDC on Friday reported over 17 percent growth in iron ore production to 27.31 million tonnes (MT) for April-November 2023. NMDC produced 23.32 MT of iron ore during the first eight-month period of 2023, the company said in an exchange filing.
Its sales rose to 27.78 MT from 22.49 MT in the year-ago period, registering a 23.52 per cent rise. In November, the production was 3.83 MT against 3.61 MT in the same month last year.
The company's sales rose to 3.79 MT from 3.04 MT in November 2022. Hyderabad-based NMDC, under the Ministry of Steel, contributes over 17-20 percent to India's total iron ore production.
(Edited by : Sangam Singh)
First Published: Dec 1, 2023 4:40 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Colour-coordinated theme-based polling booths set up in Srinagar
May 10, 2024 9:26 AM
Haryana: 16 women among 223 candidates in fray for 10 Lok Sabha seats
May 10, 2024 9:04 AM