NMDC reports record 4.51 MnT output; 4 million tonne sales in November
The company has also registered a 5.5 per cent rise in its sales to 4 MnT in the month under review, from 3.79 MnT in November 2023.
State-owned NMDC has reported a record 18 per cent rise in iron ore production at 4.51 million tonne (MnT) in November.
The company had produced 3.83 MnT of iron ore in the same month last year, NMDC said in a statement.
The company has also registered a 5.5 per cent rise in its sales to 4 MnT in the month under review, from 3.79 MnT in November 2023.
"Achieving the best-ever production and sales figures for November is a momentous achievement for us. As we move forward, we remain focused on sustainable growth and delivering value to our stakeholders," said Amitava Mukherjee, Director (Finance), NMDC.
Hyderabad-based NMDC, under the Ministry of Steel, is India's largest iron ore mining company.
NMDC alone caters around 20 per cent to the country's demand for the key steel making raw material.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.