On July 1, 2026, in Hyderabad, NMDC, recognized as India’s premier iron ore producer and a Responsible Miner, announced an unprecedented start to the financial year 2027. The company has achieved its highest-ever production and sales figures for the first quarter since its establishment, reinforcing its pivotal role in supporting the Indian steel industry.
During the initial quarter of FY27, NMDC produced a remarkable 15.10 million tonnes of iron ore, which signifies a 26% increase compared to the same period last year. Sales also saw a positive trend, with 11.75 million tonnes sold, a modest 2% increase from the previous year. This performance highlights the robust ongoing demand within the domestic market and the operational prowess of its facilities located in Chhattisgarh and Karnataka. The efforts to boost production capabilities are evidently bearing fruit.
The momentum continued through June, with NMDC setting another record for the month. It reported a production of 5.15 million tonnes and sales of 3.98 million tonnes, up by 44% and 11% respectively year-on-year.
Shri Amitava Mukherjee, the Chairman and Managing Director of NMDC, reflected on these achievements, attributing them to the sustained demand driven by India’s focus on infrastructure and manufacturing sectors. He emphasized the company’s efficiency and responsible mining practices as key contributors to these results. “Our record-breaking first quarter is a testament to the resilience of our operations, the dedication of our workforce, and the trust of the domestic steel sector. As we enhance our mining capabilities, improve logistics, and upgrade our infrastructure, we are progressively moving towards becoming a leading global mining entity,” Mukherjee stated.
Fueled by the strong demand for steel in India and governmental initiatives aimed at infrastructure development, NMDC is aggressively pursuing its expansion strategy. This includes phased upgrades to mining operations, strategic developments in mine management, and significant investments in state-of-the-art evacuation technology. These efforts are crucial for increasing the company’s output capacity, aligning with its strategic goal of reaching a 100 million tonnes capacity, and ensuring the steady supply of high-quality iron ore essential for the nation’s steel production needs.
This stellar quarterly report positions NMDC well on its path to achieve a production target of 60 million tonnes in FY27, while also making strides towards its overarching goal of 100 million tonnes.
