[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-nmdc-continues-to-grow-exponentially-in-q2":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fzgh9HMZBeog6YYmi6_wf9F1_8E0448vNEX9r4SOC_2g":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},259,"NMDC Continues to Grow Exponentially in Q2","nmdc-continues-to-grow-exponentially-in-q2","Discover how NMDC navigated pandemic challenges to achieve a 13% increase in iron ore production during Q2, outperforming industry trends.","\u003Cp style=\"text-align: justify;\">NMDC, the country's largest Iron Ore producing Navratna Company delivered another strong operating performance, with a 13% and 14% increase in production and sales respectively in the second quarter of FY21. The global pandemic is not putting a stop of the growth of the company. The company has been able to outperform both production and sales over the CPLY. In this quarter, NMDC produced 5.64 million tonnes (MT) of iron ore and sold 6.60 million tonnes (MT). \u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">NMDC turnover during the 2nd quarter of 2020-21 is ₹ 2230 crore as against the turnover of ₹ 2242 crore of the CPLY. The company’s Profit Before Tax (PBT) for the Q2 of 2020-21 is ₹ 1063 crore against ₹ 1080 crore during Q2 of 2019-20, a decrease by 2%. Profit After Tax (PAT) for Q2 of 2020-21 increased by 10% to ₹774 crores against ₹ 703 crores during Q2 of 2019-20. Domestic production of iron ore is down by around 47% in 2020-21 (H1) when compared with CPLY, whereas the company has been able to outperform the industry and had a drop of only 9%. It has also produced around 16% of India’s total iron ore production in (H1) of 2020-21. \u003C\u002Fp>\r\n\u003Cfigure>\u003Cimg style=\"width: 252px; height: 291px;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2020\u002FShri%20Sumit%20Deb,%20CMD,%20NMDC.jpg\" alt=\"\">\r\n\u003Cfigcaption>Sumit Deb, CMD, NMDC\u003C\u002Ffigcaption>\r\n\u003C\u002Ffigure>\r\n\u003Cp style=\"text-align: left;\">“NMDC’s production continued without interruption despite the adverse situations we faced, providing for yet another strong operating quarter due to our realigned strategy and focus on optimum utilization of resources. At NMDC, we have taken various steps to reduce costs, improve output and maximize the profitability with and are hoping to excel in thenext two quarters and set new records in production,” said Sumit Deb, CMD, NMDC.\u003C\u002Fp>\r\n\u003Cp style=\"text-align: left;\">For more information: \u003Cstrong>www.nmdc.co.in\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2020\u002FhKHC4Dc5AKp1QTdPHhNd.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FDecember2020\u002FhKHC4Dc5AKp1QTdPHhNd.jpg","2020-12-30T06:20:07+05:30","MWM Desk","News",0,"NMDC reported a 13% rise in production and a 14% increase in sales during the second quarter of FY21.\nThe company achieved a 10% growth in Profit After Tax, reaching ₹774 crore despite challenging global market conditions.\nCMD Sumit Deb attributed the strong performance to realigned strategies and improved resource utilization across operations.","Despite the global pandemic, NMDC has showcased remarkable resilience in its latest Q2 performance report. As India’s largest iron ore producer, the Navratna company demonstrated its ability to pivot, reporting a 13% increase in production and a 14% boost in sales year-over-year. By outperforming the broader industry—which saw significant production drops—NMDC proves that strategic resource optimization is key to maintaining a competitive edge in the commodities sector. CMD Sumit Deb highlights that this growth is the direct result of a realigned operational strategy focused on cost reduction and output maximization. As we look toward the remainder of the fiscal year, NMDC’s steady trajectory offers a promising outlook for the domestic mining and trade landscape. #NMDC #MiningIndustry #IndustrialGrowth","Resilience in mining: NMDC defies pandemic trends with a 13% production spike in Q2. Strong leadership and strategic resource utilization drive growth for the iron ore giant. #NMDC #MiningSector","Big news from the mining sector! 🏗️ NMDC is proving that even in a pandemic, growth is possible. They just reported a solid 13% increase in iron ore production and a 14% jump in sales for Q2 of FY21! 📈\n\nCMD Sumit Deb credits this success to a smart, realigned strategy that focuses on cost-cutting and getting the most out of their resources. While the wider industry struggled, NMDC kept production moving and outperformed expectations. It’s an impressive feat of operational efficiency! 💪\n\nWhat are your thoughts on how industrial giants are adapting to today's challenges? Let us know below! ⬇️\n\n#NMDC #Mining #IronOre #BusinessGrowth #IndustrialNews #MarketTrends #SupplyChain",{"title":6,"description":8,"keywords":21},"nmdc, iron ore production, q2 financial results, navratna company, industrial growth, mining sector, commodity markets, b2b news, trade industry",{"title":23,"slug":24,"imageUrl":25},"Syrma Technology Signs Merger Agreement with SGS Tekniks","syrma-technology-signs-merger-agreement-with-sgs-tekniks","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2020\u002FCg5O0KRagAd8HHAyegUg.jpg",{"title":27,"slug":28,"imageUrl":29},"Lafae Qualified for Testing in Explosive Atmosphere","lafae-qualified-for-testing-in-explosive-atmosphere","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FDecember2020\u002FmwUfk67ixLUIVf7n86Ok.jpg",{"data":31,"links":104,"meta":109},[32,38,44,50,56,62,68,74,80,86,92,98],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},"Epsilon Carbon Commissions New Specialty Carbon Facility in Karnataka","epsilon-carbon-commissions-new-specialty-carbon-facility-in-karnataka","Epsilon Carbon doubles its specialty carbon capacity to 600,000 TPA with a new Industry 4.0 facility in Karnataka, boosting global supply.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fepsilon-carbon-commissions-new-specialty-carbon-facility-in-karnataka-3v5tep.JPG","2026-08-14T01:52:18+05:30",{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},"Essar Marks 15 Years of Stanlow Ownership and Investment","essar-marks-15-years-of-stanlow-ownership-and-investment","Essar celebrates 15 years at the Stanlow Manufacturing Complex, unveiling a £4.3B investment strategy for hydrogen and data centers.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fessar-marks-15-years-of-stanlow-ownership-and-investment-g9GAeC.jpeg","2026-08-08T02:00:45+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},"Advait Energy Transitions, Manipal Energy Infratech Team Up for Integrated Energy Projects","advait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects","Advait Energy Transitions and Manipal Energy Infratech partner to accelerate global energy projects in renewables, BESS, and green hydrogen.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fadvait-energy-transitions-manipal-energy-infratech-team-up-for-integrated-energy-projects-EnSOlA.jpg","2026-08-08T01:45:01+05:30",{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},"ANCA Ushers in New Leadership with Edmund Boland as Group CEO","anca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo","ANCA appoints Edmund Boland as new Group CEO effective August 2026, marking a strategic new chapter in CNC grinding and automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fanca-ushers-in-new-leadership-with-edmund-boland-as-group-ceo-LaVelo.png","2026-08-08T01:39:43+05:30",{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},"Schaeffler India Strengthens Leadership with Amit Bhalerao as COO","schaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo","Schaeffler India appoints Amit Bhalerao as COO to lead manufacturing strategy, digital transformation, and operational excellence.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fschaeffler-india-strengthens-leadership-with-amit-bhalerao-as-coo-s7tsd7.jpg","2026-08-08T01:33:13+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"KAS Group Brings G Sivakumar Onboard to Lead Manufacturing","kas-group-brings-g-sivakumar-onboard-to-lead-manufacturing","KAS Group appoints manufacturing veteran G Sivakumar as GM to bolster its semiconductor and advanced manufacturing operations in India.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fkas-group-brings-g-sivakumar-onboard-to-lead-manufacturing-vEi9jn.jpg","2026-07-31T03:43:17+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"NORD Expands Functional Safety of NORDAC ON Drive Electronics","nord-expands-functional-safety-of-nordac-on-drive-electronics","NORD DRIVESYSTEMS upgrades its NORDAC ON frequency inverters with advanced functional safety features for smarter, safer automation.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fnord-expands-functional-safety-of-nordac-on-drive-electronics-EQbpyp.jpg","2026-07-31T03:39:50+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"CII GreenPro Summit 2026 Drives India’s Industrial Decarbonization Agenda","cii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda","CII GreenPro Summit 2026 accelerates India's industrial decarbonization with focus on green products and sustainable value chains.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcii-greenpro-summit-2026-drives-indias-industrial-decarbonization-agenda-dlMTv5.png","2026-07-31T03:24:02+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"BASF Launches Melyra and Inveris Gold Crop Protection Solutions in India","basf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india","BASF expands its Indian agricultural portfolio with the launch of Melyra and Inveris Gold, delivering advanced crop protection and enhanced productivity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Fbasf-launches-melyra-and-inveris-gold-crop-protection-solutions-in-india-8MqjMh.jpg","2026-07-31T02:38:13+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"L&T Technology Services Launches Ainfonix™ 4.0 to Accelerate AI Adoption","lt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption","L&T Technology Services unveils Ainfonix™ 4.0 at EI Live, a cutting-edge platform designed to accelerate industrial AI adoption and data utility.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FAugust2026\u002Fnews\u002Flt-technology-services-launches-ainfonix-40-to-accelerate-ai-adoption-ddwpfh.jpg","2026-07-31T02:17:58+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"Tembo Global Industries Opens New Vasai Facility, Boosts Capacity to 1,00,000 MTPA","tembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa","Tembo Global Industries scales up! Discover how their new 100,000 MTPA Vasai facility drives engineering innovation and infrastructure growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftembo-global-industries-opens-new-vasai-facility-boosts-capacity-to-100000-mtpa-0tSB5k.png","2026-07-31T02:07:26+05:30",{"title":99,"slug":100,"excerpt":101,"imageUrl":102,"publishedAt":103,"author":13,"category":14},"N.A.N. MagneTech to Invest INR 1,250 Cr in NdFeB Magnet Plant","nan-magnetech-to-invest-inr-1250-cr-in-ndfeb-magnet-plant","N.A.N. 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