{"id":108753,"date":"2023-09-01T15:17:37","date_gmt":"2023-09-01T09:47:37","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108753"},"modified":"2023-09-01T15:17:38","modified_gmt":"2023-09-01T09:47:38","slug":"sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/","title":{"rendered":"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-666259020\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>State-owned <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/NMDC\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">NMDC<\/a><\/strong> said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1403191330\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The miner had produced 2.48 MT of iron ore in the same month last year.<\/p><p>During August, the company&#8217;s sales also rose by 25 per cent to 3.54 MT from 2.83 MT in August 2022.<\/p><p>The company in the April-August period of the ongoing FY24 has produced 16.56 MT iron ore, 23 per cent higher than 13.45 MT in the year-ago period.<\/p><div class=\"trade-content_5\" id=\"trade-2285860717\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Sales during this period also increased to 17.43 MT from 13.44 MT in April-August FY23, posting a rise of 29 per cent.<\/p><p>NMDC, under the Ministry of Steel, is India&#8217;s largest iron ore mining company catering to the country&#8217;s 20 per cent need for the key steel-making raw material.&nbsp;<\/p><p>On Thursday, at 14.20 p.m. company shares were trading 5.5% up at Rs. 129.85 on NSE.<\/p><p>According to the company filing, total revenue grew by 15% YoY from Rs. 4,913.06 Cr in Q1 FY23 to Rs. 5,688.87 Cr in Q1 FY24, and for the same period net profit grew by 13% from Rs. 1,471.37 Cr to Rs. 1,661.20 Cr.<\/p><div class=\"trade-after-content\" id=\"trade-2621792919\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023. The miner had produced 2.48 MT of iron ore in the same month last year. During August, the company&#8217;s sales also rose by 25 per cent to 3.54 MT from 2.83 MT in August 2022. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":22179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-108753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August\" \/>\n<meta property=\"og:description\" content=\"State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-01T09:47:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-01T09:47:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/\",\"url\":\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/\",\"name\":\"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg\",\"datePublished\":\"2023-09-01T09:47:37+00:00\",\"dateModified\":\"2023-09-01T09:47:38+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August - Trade Brains Features","description":"State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/","og_locale":"en_US","og_type":"article","og_title":"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August","og_description":"State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023.","og_url":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-09-01T09:47:37+00:00","article_modified_time":"2023-09-01T09:47:38+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/","url":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/","name":"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg","datePublished":"2023-09-01T09:47:37+00:00","dateModified":"2023-09-01T09:47:38+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"State-owned NMDC said on Friday that iron ore production increased by 37.5% to 3.41 million tonnes (MT) in August 2023.","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/NMDC-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/sales-and-production-of-iron-ore-at-nmdc-increased-by-25-and-37-respectively-in-august\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Sales and production of iron ore at NMDC increased by 25% and 37%, respectively, in August"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=108753"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108753\/revisions"}],"predecessor-version":[{"id":108761,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108753\/revisions\/108761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/22179"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=108753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=108753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=108753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}