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ICICI Direct Report
NMDC Ltd. reported an operationally healthy set of Q1 FY21 numbers wherein topline, profit after tax came in line with our estimate while Ebitda came in higher than our estimate.
Total operating income for the quarter was at Rs 1938 crore, broadly in line with our estimate of Rs 1988 crore.
Ebitda margin for the quarter was at 39.0%, higher than our estimate of 35.4%.
Hence, Ebitda for the quarter was at Rs 755 crore, higher than our estimate of Rs 704 crore.
Profit after tax came in at Rs 533 crore, broadly in line with our estimate of Rs 538 crore.
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