'
Mishra Dhatu Nigam conducted conference call on 29 July 2022 to discuss the financial results and performance of the company for the quarter ended June'22. Dr. Sanjay Kumar Jha, Chairman & Managing Director of the company addressed the call
Highlights of the Concall
- The company has clocked a turnover of 114 crore almost same as Q1 of the last year, but its production has gone up in the first quarter. The value of production has gone up by almost 90% higher. So the impact of this higher production will be seen in the second quarter.
- All metal companies faced pressure on the profit mainly due to increase in the cost of raw material, which includes nickel, moly, cobalt and also the increase in the price of fuel. The company consumes the LPG in large quantity and also power cost also has gone up. There is an increase of 25% to 30% in the cost of all major raw materials YoY which the company consume for its production.
- The company expect...
Pleaselogin & subscribe to view the full report.
More Reports
|
|