NMDC Delivers Record-Breaking Q2 Performance with 30% Revenue Growth

04 Nov 2025 CW Team

NMDC, India’s leading iron ore producer, has reported its best-ever second quarter performance in FY26, driven by strong domestic steel demand, operational excellence, and strategic expansion initiatives. The company achieved record production, sales, and financial growth, reaffirming its leadership in India’s mining sector.

During Q2 FY26, NMDC’s production rose 23 per cent year-on-year to 10.21 million tonnes, while sales increased 10 per cent to 10.72 million tonnes compared to the same quarter last year.

The company’s operational performance translated into robust financial results:

Turnover: Rs 62.61 billion (up 30 per cent YoY)
Profit Before Tax (PBT): Rs 22.71 billion (up 35 per cent YoY)
Profit After Tax (PAT): Rs 16.94 billion (up 33 per cent YoY)
EBITDA: Rs 23.85 billion (up 32 per cent YoY)

Commenting on the results, Amitava Mukherjee, Chairman and Managing Director, NMDC, said,“Record production, record sales, and strong financial growth this quarter reflect NMDC’s consistent reliability and resilience. Our focus on high-quality ore supply, ambitious expansion, and alignment with national policy goals continue to position NMDC as a key enabler of India’s industrial growth. Going forward, we remain committed to achieving self-sufficiency in steelmaking raw materials and advancing toward our net-zero emission targets.”

With sustained momentum across its mining operations and an expanding project pipeline, NMDC continues to play a pivotal role in supporting India’s steel industry and sustainable growth ambitions.

News source: PIB

Infrastructure Urban

14 Nov 2025

CM Inaugurates Rs 3.7 Billion Vilholi Water Treatment Plant in Nashik

Chief Minister Devendra Fadnavis inaugurated the Nashik Municipal Corporation’s 274 MLD Vilholi Water Treatment Plant and the upgraded Mukane water supply scheme, a Rs 3.7 billion project designed to provide a reliable and sustainable water supply to more than 55 lakh residents. The system will also cater to over 1 crore visitors expected during the 2027 Simhastha Kumbh Mela.Funded partly through Rs 2 billion Green Sustainable Bonds, the project strengthens Nashik’s long-term water security, ensures year-round availability, and enhances the city’s preparedness for peak tourist inflow. It..

Indian Speciality Chemical Industry Poised for Strong Global Growth

The International Center for Biosaline Agriculture (ICBA), in partnership with Al Rostamani Group, has inaugurated three major facilities at its Dubai headquarters: a Training and Knowledge Transfer Building, a Plant Tissue Culture Laboratory, and an Integrated Agri-Aquaculture System. The launch took place in the presence of H.E. Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, marking a significant step forward in strengthening the UAE’s agricultural innovation ecosystem.Fully funded by Al Rostamani Group, the new facilities reinforce ICBA’s role as a leading ..

Mooreast to Explore Up to 500 MW RE Projects in Timor-Leste

Mooreast Holdings, listed on the Singapore Exchange Catalist, announced that it will begin feasibility studies this month for the development of up to 500 megawatts (MW) of large-scale renewable energy (RE) projects in Timor-Leste.The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten ye..