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NLC reports 5% rise in Q3 net profit

NLC reports 5% rise in Q3 net profit

NLC India has reported results for third quarter ended December 31, 2018.

The company has reported 5.00% rise in its net profit at Rs 329.49 crore for the quarter under review as compared to Rs 313.80 crore for the same quarter in the previous year. Total income of the company increased by 14.54% at Rs 2070.29 crore for Q3FY19 as compared Rs 1807.50 crore for the corresponding quarter previous year.

NLC India is engaged in the business of lignite mining and power generation. At present, the company has four opencast lignite mines.

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