NMDC Sets New Records in Production and Financial Achievements
On February 3, 2026, NMDC, India’s premier iron ore producer, announced remarkable gains in both production volumes and financial outcomes for the first nine months of the fiscal year 2026. The company, known as the Responsible Miner, not only maintained its operational excellence but also set new records.
Impressive Growth in Production and Sales
In January 2026 alone, NMDC achieved its highest production and sales figures, producing 5.56 million tonnes (MT) of iron ore and selling 4.79 MT. These numbers represent a year-on-year increase of 9% in production and 7% in sales compared to the same period in the previous year. Overall, from the start of the fiscal year up to January, the company’s production escalated to 42.65 MT, and sales reached 39.73 MT, marking year-on-year increases of 19% and 9.7%, respectively.
Financial Performance Highlights
- Revenue for the nine months reached ₹20,381 crore, a surge of 22%.
- Profit Before Tax (PBT) grew by 5% to ₹7,280 crore.
- Profit After Tax (PAT) increased by 4% to ₹5,401 crore.
- Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) expanded by 5% to ₹7,666 crore.
Additionally, NMDC has declared an interim dividend of ₹2.50 per equity share, rewarding its shareholders for their trust and investment.
Strategic Developments and Future Outlook
The period also marked a significant expansion in NMDC’s operations with the inauguration of the Tokisud North Coal Mine in Jharkhand in January 2026. This new venture represents a strategic diversification for NMDC and enhances its portfolio in the mining sector.
Driven by record-breaking volumes and consistent financial growth, NMDC is confidently progressing towards meeting its annual targets. The company’s focus on strategic growth, operational resilience, and long-term vision continues to solidify its position as a leader in the Indian mining industry. NMDC’s commitment to responsible mining practices and sustainable development remains a cornerstone of its business philosophy, ensuring it maintains its trajectory of growth and industry leadership.
As NMDC moves forward, it remains dedicated to setting new benchmarks in the mining industry, reflecting its robust strategic planning and operational capabilities.
