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 Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..