NLC India Q2 Profit Drops 9.5% to Rs 982 Cr
By Rediff Money Desk, New Delhi Oct 25, 2024 15:28
NLC India's Q2 profit declined by 9.5% to Rs 982.41 crore, while revenue increased to Rs 3,657.27 crore. Read more about the company's performance.
New Delhi, Oct 25 (PTI) State-owned NLC India Ltd on Friday reported a 9.5 per cent decline in consolidated profit at Rs 982.41 crore for the quarter ended September 30, 2024.
The company had posted a consolidated profit of Rs 1,085.93 crore in the year-ago period, NLC India Ltd said in a regulatory filing.
However, the revenue from operations in the July-September quarter increased to Rs 3,657.27 crore, over Rs 2,977.53 crore in the year-ago period.
NLC India is a navratna company under the Ministry of Coal. Its core business is mining and power generation.
The company had posted a consolidated profit of Rs 1,085.93 crore in the year-ago period, NLC India Ltd said in a regulatory filing.
However, the revenue from operations in the July-September quarter increased to Rs 3,657.27 crore, over Rs 2,977.53 crore in the year-ago period.
NLC India is a navratna company under the Ministry of Coal. Its core business is mining and power generation.
Source: PTI
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