This marks a notable decrease in
losses quarter-over-quarter, reflecting a positive shift in the company’s
financial trajectory.
State-owned NMDC Steel reported a significant improvement in its financial
performance for the first quarter, ending with a reduced net loss of ₹547.3
crore compared to a loss of ₹860.8 crore in the previous quarter. This marks a
notable decrease in losses quarter-over-quarter, reflecting a positive shift in
the company’s financial trajectory.