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NMDC (BOM:526371) Payments to Suppliers for Goods and Services


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What is NMDC Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.


NMDC (BOM:526371) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » NMDC Ltd (BOM:526371) » Definitions » Payments to Suppliers for Goods and Services
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Address
Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500 028
NMDC Ltd is engaged in the mining of a wide range of minerals, including iron ore, copper, sponge iron, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. The company also owns a windmill project in Karnataka. Iron ore accounts for most of its revenue. It produces iron ore from three mines: namely, Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State), and Donimalai Iron Ore Mines (Karnataka State). Geographically, the company generates the majority of its revenue from the Indian domestic market. The Indian government owns a majority share of the company.