India's NMDC Steel ends down on quarterly loss

NMDC Steel

29/10/2025 10:16

**Shares of NMDC Steel NMDS.NS close down 5.5% at 45.07 rupees

** Co posts quarterly loss of 1.15 billion rupees ($13.08 million), narrows loss by 80.72% y-o-y; quarterly revenue surges nearly 123% to almost 34 billion rupees

** Co posted profit of 255.6 million rupees in previous quarter

** Around 30 million shares traded vs 30-day avg of 5.63 million

** YTD, stock up 4.06%

($1 = 87.8950 Indian rupees)

 (Reporting by Mridula Kumar)

 ((mridula.kumar@thomsonreuters.com))