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

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