NMDC lifts H1 production 23%:

(New Delhi, 14.11.2026 – By NewsIP Bureau): NMDC H1 results show production reached 272.72 LT in FY27, up 23% from 222.13 LT in the corresponding comparison period. H1 sales edged up 0.1% to 222.33 LT from 222.02 LT, according to the company’s financial results presentation dated 21.05.2026. Revenue from operations rose 4% to INR 13,433 crore.

NMDC H1 results show production growth outpaced sales

The figures present a marked difference between output and sales growth. H1 production rose by 50.59 LT against the comparative figure, while sales increased by 0.31 LT. The presentation labels the H1 production figure at 272.72 LT as “Best ever”. It also records a 7% rise in average iron ore sales realisation, to Rs 5,520 per tonne from Rs 5,170.

The company’s H1 revenue from operations was INR 13,433 crore, compared with INR 12,895 crore. Profit before tax (PBT) stood at INR 4,953 crore, up from INR 4,914 crore, a rise of about 1%. Profit after tax (PAT) was INR 3,674 crore against INR 3,663 crore, a 0.3% increase. The presentation identifies the revenue figure as a best-ever H1 result, above the previous best of INR 13,306 crore in FY22.

The second-quarter figures show a sharper year-on-year increase in production than in sales. Q2 production reached 121.55 LT, compared with 102.08 LT in the corresponding period last year, a 19% rise. Sales were 104.83 LT, against 107.16 LT, down 2%. The quarterly pattern therefore differs from the H1 comparison: output rose strongly, while the sales total was lower than its year-earlier comparator.

Q2 revenue from operations increased 6% to INR 6,638 crore from INR 6,261 crore. EBITDA rose 2% to INR 2,436 crore from INR 2,385 crore. Average iron ore sales realisation increased 10%, reaching Rs 5,488 per tonne from Rs 4,973. The company’s PBT was INR 2,260 crore, 0.4% below INR 2,270 crore, while PAT fell 2% to INR 1,667 crore from INR 1,694 crore.

The presentation also compares the Q2 results with earlier peaks. It lists best-ever Q2 figures of INR 6,794 crore for revenue from operations, INR 3,203 crore for EBITDA and Rs 7,443 per tonne for average iron ore sales realisation, all recorded in Q2 FY22. Its listed Q2 bests for PBT and PAT are INR 3,142 crore and INR 2,341 crore, respectively, also from Q2 FY22. These comparisons show that year-on-year gains in some measures did not exceed the peaks cited in the presentation.

For H1, the presentation lists FY27 revenue from operations as a best-ever result, while H1 PBT and PAT were close to their FY26 comparative figures and below the earlier peaks cited for FY22. It gives previous bests of INR 7,405 crore for PBT and INR 5,534 crore for PAT. Average iron ore sales realisation of Rs 5,520 per tonne was also below the FY22 best of Rs 7,125 per tonne.

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