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NMDC Posts Record Production, Sales and Profits in 9M FY26

RR Team, February 4, 2026February 5, 2026
State-owned mining major NMDC has delivered its strongest performance on record during the first nine months of FY26, registering historic highs across production, sales and financial indicators. India’s largest iron ore producer reported robust operational momentum, driven by record volumes, disciplined cost management and sustained demand from the steel sector.
The stellar performance reinforces NMDC’s position as one of the most resilient and consistently performing public sector enterprises in the country’s mining landscape, even amid evolving market conditions.

Record January Performance Strengthens Momentum

January 2026 emerged as a landmark month for NMDC, as the company achieved its highest-ever production and sales figures for the month. NMDC produced 5.56 million tonnes of iron ore and recorded sales of 4.79 million tonnes during January alone.

This represents a year-on-year growth of 9 percent in production and 7 percent in sales compared to the corresponding period last year, underscoring the company’s strong operational execution and efficient supply chain management.

Cumulative Production and Sales Reach New Highs

The company’s cumulative performance up to January 2026 further highlights its upward trajectory. Total iron ore production during the first nine months of FY26 surged to 42.65 million tonnes, registering a remarkable 19 percent growth year-on-year.

Sales volumes also saw healthy expansion, reaching 39.73 million tonnes, marking a growth of nearly 10 percent compared to the same period in the previous financial year.

Financial Performance Hits Historic Milestones

NMDC’s operational achievements translated into robust financial outcomes, making FY26’s nine-month period the company’s strongest since inception. Revenue from operations rose sharply by 22 percent to ₹20,381 crore.

Profit Before Tax stood at ₹7,280 crore, reflecting a 5 percent increase, while Profit After Tax rose 4 percent to ₹5,401 crore. EBITDA expanded to ₹7,666 crore, also marking a 5 percent growth over the previous year.

Shareholder Value and Strategic Expansion

In recognition of its strong financial health, NMDC declared an interim dividend of ₹2.50 per equity share, reaffirming its commitment to rewarding shareholders.

January also marked a strategic milestone for the company with the inauguration of its first coal mine the Tokisud North Coal Mine in Jharkhand. This development signals NMDC’s diversification into coal mining, adding a new dimension to its growth strategy.

On Track to Meet Annual Targets

With back-to-back record volumes and strong financials, NMDC remains firmly on course to achieve its annual production and sales targets for FY26. The company’s consistent performance reflects its strategic focus, operational resilience and long-term vision.

As NMDC continues to expand its portfolio and strengthen its capabilities, it remains committed to responsible mining, sustainable growth and contributing to India’s industrial and infrastructure development.

News #CoalMining#EconomicGrowth#FY26Performance#IndianMining#IronOreProduction#MiningSectorIndia#NMDC#PSUNews#PublicSectorUndertaking#RecordGrowth#ResponsibleMining#TokisudCoalMine

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