Team News Riveting
Hyderabad, August 12
NMDC, India’s largest iron ore producer, today announced the financial results for the first quarter of the financial year (Q1 FY26) ended June 30, 2025.
In the first quarter of FY26, the company produced 11.99 million tonne (MT), a significant increase of 30 per cent from 9.19MT and sold 11.52 MT with a 14 per cent year-on-year (y-o-y) growth from 10.07 in the Q1 FY25. With these figures NMDC registered its best ever Q1 physical performance.
On the financial front, the national miner registered robust Q1 FY26 numbers with the turnover reaching
6,634 crore, increasing from 5,378 crore in Q1 FY25. Profit Before Tax (PBT) has soared to Rs 2,644
crore and EBITDA has grown to Rs 2,777 crore in the first quarter of FY26. The company has achieved
a significant growth of 23 per cent in turnover over CPLY.
On this exceptional performance, Amitava Mukherjee, NMDC CMD, said, “Iron ore is the backbone of India’s steel industry, and as the country’s largest iron ore producer, NMDC is committed to meeting the nation’s growing appetite for the mineral. Our strong Q1 performance, marked by a double-digit in revenue, is a testament to our relentless pursuit of operational excellence and strategic decisions. By leveraging advanced technologies and state-of-the-art facilities, we are able to consistently deliver high volumes and have set the foundation for this financial and for our 2030 vision.”
The results are a reflection of NMDC’s commitment to excellence, strategic decisions, and its focus on
meeting the nation’s growing demand for iron ore. With this strong performance,
