*NMDC* reported a substantial rise in standalone net profit for the quarter
ended December 2008 due to strong sales volume and good operating margins.

During the quarter, the profit of the company rose 47.17% to Rs 14,249.50
million from Rs 9,682.20 million in the same quarter last year.

Net sales for the quarter surged 44.14% to Rs 23,402.00 million, while total
income for the quarter jumped 42.74% to Rs 25,666.80 million, when compared
with the prior year period.

The company reported earnings of Rs 3.59 a share during the quarter,
registering 95.10% decline over previous year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 23,402.00 16,236.00 44.14 *Net Profit* 14,249.50
9,682.20 47.17 *Basic EPS* 3.59 73.26 (95.10)

During the quarter, the operating margin of the company climbed by 268.63
basis points to 83.48% compared with the previous year period.

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