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NMDC announced a good increase in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 21.81% to Rs 19,150.10 million from Rs 15,721.90 million in the same quarter last year.
NMDC has achieved production and despatches of iron ore of 4.94 million tons and 5.65 million tons respectively (provisional) upto May 2014.
NMDC said a substantial rise in standalone net ... More..