NMDC Q3 Net Profit Dips 8% to Rs 1,747 Cr Amid Rising Expenses

• NMDC Ltd reported an 8% year-on-year fall in consolidated net profit to Rs 1,747.01 crore for the December quarter.
• The net profit in the October-December period of the preceding 2024-25 financial year was Rs 1,896.66 crore.
• Total income for the company increased by about 15% to Rs 7,983.38 crore from Rs 6,942.92 crore in the same quarter last year.
• Expenses for NMDC rose significantly to Rs 5,608.54 crore from Rs 4,359.07 crore in Q3FY25, impacting profitability.
• The board approved an interim dividend of Rs 2.50 per equity share for the financial year 2025-26.

Why It Matters: NMDC's Q3 net profit declined due to higher expenses, despite a rise in total income.