In a testament to relentless execution, NMDC – India’s premier public sector iron ore miner – ramped up production by 19% year-over-year to 42.65 MT in FY26’s first nine months. This update from the Steel Ministry on Wednesday underscores the company’s accelerating pace.
April to December sales climbed to 39.73 MT, a solid 9.7% gain. January shattered previous records: 5.56 MT produced (up 9%) and 4.79 MT sold (up 7%), boosting overall confidence in NMDC’s capabilities.
Financial metrics dazzled with post-establishment bests. Revenue spiked 22% to ₹20,381 crore, PBT edged up 5% to ₹7,280 crore, PAT increased 4% to ₹5,401 crore, and EBITDA rose 5% to ₹7,666 crore.
The opening of the Tokisud North coal mine in Jharkhand represents a pivotal diversification step, enhancing NMDC’s portfolio. These feats propel the firm closer to its fiscal year objectives.
NMDC’s success reflects sharp strategic planning, superior operations, and a steadfast dedication to sustainable development. As it expands responsibly, the company cements its frontrunner status in India’s mining domain.