NMDC Interim Dividend of ₹2.30 Record Date Tomorrow, March 21, 2025

NMDC Ltd Board of Directors has declared and approved an interim dividend of ₹2.30 per equity share with a face value of ₹1 each. 

On March 19, 2025, NMDC share price opened at ₹67.64 and closed at ₹69.09, up by 3.47%. The stock price touched its day’s high at ₹69.19. 

NMDC Interim Dividend Record Date

The Company’s Board of Directors, in its meeting on Monday, March 17, 2025, declared the first interim dividend of ₹2.30 per equity share with a face value of ₹1 for the financial year 2024-25. 

The interim dividend will be paid or dispatched within the stipulated timeframe as per the Companies Act, 2013. Shareholders whose names are listed in the Register of Members or appear as beneficial owners in depository records as of the record date, Friday, March 21, 2025, will be eligible to receive the dividend.

Q3 FY 2025 Financial Highlights

For the quarter ended December 31, 2024, the company’s total income stood at ₹6,905 crore, up by 20% from ₹5,746 crore in Q3 FY24. Profit for the quarter was ₹1,944 crore, which rose by 30% from ₹1,492 crore in the corresponding period last year.

About NMDC Ltd

NMDC is involved in the exploration and production of iron ore along with diamond, the production and sale of sponge iron and the generation and sale of wind power.

Conclusion 

NMDC’s interim dividend announcement has garnered attention, reflecting the company’s commitment to rewarding its shareholders. 

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