').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
NLC India Reports Consolidated Loss At Rs 396 Crore In December Quarter
NLC India Ltd on Monday reported a consolidated loss of Rs 396.35 crore for the quarter ended on December 31, 2022.
The company had posted a consolidated profit of Rs 229.88 crore in the corresponding quarter of previous fiscal, NLC India said in a regulatory filing.
The consolidated income of the company during the October-December period increased to Rs 3,982.49 crore, over Rs 2,845.08 crore in the year-ago period, the filing said.
The PSU said that its board has declared an interim dividend of 15 per cent, i.e. Rs 1.50 per equity share, for 2022-23.
NLC India, which comes under the coal ministry, is into mining and power generation.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Mon, February 13 2023. 20:52 IST
RECENT NEWS
BoE Loosens Capital Rules
The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more
Monzo Looks For US Banking License
Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more
Crypto Firms Push Into US Banking
America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more
Parallel Banking: Stablecoins Are Now Global
Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more
JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity
JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more
Private Equity And Banks: The Complex Web Of Leverage
Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more