NLC India Wins Key Mining Blocks

  Published 1 year ago

NLC India, a Navratna PSU, has been declared the 'preferred' bidder for two phosphorite and limestone blocks in Chhattisgarh. This follows a May 2025 auction by the Ministry of Mines, coinciding with strong Q4 FY25 financial results showing significant profit growth.

  • NLC India named the preferred bidder for two blocks.
  • Blocks located in Balod, Chhattisgarh.
  • Q4 FY25 net profit jumped 321.83% to ₹481.96 crore.

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