Acknowledging NMDC’s outstanding financials amongst all Navratna PSUs, Dalal Street Investment Journal (DSIJ) bestowed on it the ‘Most Efficient Navratna Award’ in Non-manufacturing category for the year 2015.
Devinder Singh Ahluwalia, Director Finance, NMDC received the award from Mahesh Sharma, Minister of State for Tourism, Culture and Aviation, at a function organised in New Delhi on April 21.
It may be recalled that NMDC had closed the financial year 2014-15 with a record turnover of Rs 12,356 crore, a PBT of Rs 9,768 crore and PAT of Rs 6,422 crore taking the company’s net worth to Rs 32,326 crore, establishing a Book Value per share of Rs 81.54, paying a total dividend of Rs 3,390 crore.
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