NMDC Steel Reports 34% Revenue Surge in Q4, Narrows Losses
NMDC Steel's Q4 results show significant improvement with revenue up 34% to Rs 2,838.00 crore. EBITDA loss reduced by 55.6% to Rs 291.00 crore, and net loss decreased by 37.6% to Rs 473.00 crore compared to the previous quarter. The company's share price rose nearly 3% in early trade following the announcement.
27May 25
NMDC STEEL Narrows Q4 Loss Despite Revenue Growth
NMDC STEEL's Q4 financial results show improved performance with revenue increasing to ₹2,840.00 crore, up 53.85% year-over-year. Net loss narrowed to ₹470.00 crore from ₹861.00 crore in Q4 last year, marking a 45.41% reduction. However, losses widened sequentially from ₹76.00 crore in Q3 to ₹470.00 crore in Q4.