NMDC Q4 Results: Net profit jumps 22% YoY to Rs 2,277 cr, revenue falls 14%
Mining major NMDC's net profit rose 152% from the previous quarter. However, revenue declined 14% YoY to Rs 5,851 crore. For FY21, NMDC's net profit stood at Rs 5,538 crore, a 41% dip from the previous fiscal year. Despite the reduced EPS, the company's board recommended a final dividend of Rs 2.85 per share, subject to approval at the ensuing annual general meeting.