Economy·

NMDC Q1 net profit increases to ₹2,007 cr

Summary

  • NMDC's Q1 net profit has increased to ₹2,007 cr
  • The company aims to produce 60 million tonnes in the current financial year
  • NMDC plans to scale up production to 100 million tonnes by 2030

Key Facts

  • · NMDC's Q1 net profit: ₹2,007 cr
  • · Target production for current financial year: 60 million tonnes
  • · Target production by 2030: 100 million tonnes

Why it matters

The increase in NMDC's production targets can impact India's steel industry and economy

#NMDC#steel industry#production targets#economy