Kolkata: NMDC, one of the country's largest iron ore miners, posted a 10% increase profit after tax (PAT) to Rs 844 crore for second quarter of 2017-18 (Q2FY18) up from Rs 771 crore for Q2FY17 driven by improved sale realization and volumes.
The bank's net non-performing assets (NNPA) increased to Rs. 7,279.6 crore in this period against Rs. 7,185.2 crore NNPA in the second quarter of fiscal 2017, the bank said in a statement.
This is published unedited from the PTI feed.
Earnings from natural gas marketing in the quarter under review rose 27 per cent to Rs 419.74 crore.
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The firm transported and marketed 5% more gas volumes in the July-September quarter, the statement said. Instead, revenue from the petrochemical business fell almost 50 per cent to Rs 88.81 crore.
All the segments have registered positive physical growth both sequentially and on year-on-year basis.
Net Profit was expected at Rs 1,119 crore, EBITDA at Rs 1,973 crore and EBITDA margin at 15.3 percent, according to average of estimates of analysts polled by CNBC-TV18.
GAIL's share price at the Bombay Stock Exchange (BSE) today closed at Rs 456.45, up 0.26 per cent as compared to previous close.