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NMDC Q4FY21 preview: Street expects topline to grow nearly 90%

NMDC will report its Q4 results on Tuesday. CNBC-TV18 poll expects topline to grow nearly 90 percent. The margins see a big expansion because the operating profit will expand by much more. Watch the accompanying video of CNBC-TV18’s Nigel D'Souza for more details.

NMDC will report its Q4 results on Tuesday. CNBC-TV18 poll expects topline to grow nearly 90 percent. The margins see a big expansion because the operating profit will expand by much more.
Profitability is likely to come at nearly Rs 2,800 crore that is looking good on a year-on-year basis. Even on a sequential basis, frontline numbers look very good.
Street expects both volumes as well as realisations will see a big surge. Volumes are likely to come close to 30 percent.
Watch the accompanying video of CNBC-TV18’s Nigel D'Souza for more details.