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NMDC's new record, company's best performance till November, 36 percent growth in production and 33 percent growth in sales, CMD Sumit Deb congratulates his team

NMDCs new record, companys best performance till November, 36 percent growth in production and 33 percent growth in sales, CMD Sumit Deb congratulates his team
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Hyderabad, 1 December 2021

Cumulative production and sale figures for the first eight months of the FY22 up to November 2021 stood at 24.37 MT and 24.96MT respectively - the best ever performance upto November for any year. The company achieved a growth of 36% in production and 33% in sales over CPLY.NMDC with iron oreproduction of 3.34 MT in November 2021 has achieved the highest ever for any November month since inception and sales is 2.88 MT in November 2021.

Congratulating the NMDC team for yet another impressive performance, CMD NMDC Shri Sumit Deb said, "The latest GDP growth figures suggest a firm recovery of the economy and that is very reassuring although NMDC is already moving forward on its path to doubling production in the next five years. The need of the hour for all of us is to ensure the lessons we've learnt through these last two years and better protect ourselves and our operations."

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