State-owned mining giant NMDC has delivered its strongest-ever second-quarter performance in FY26, setting new benchmarks in production, sales, and profitability. Driven by robust domestic steel demand and efficient mining operations, the company recorded all-time high production and sales volumes along with impressive financial growth across key parameters.
In Q2 FY26, NMDC’s iron ore production stood at 10.21 million tonnes, a 23% increase compared to 8.29 million tonnes in the same quarter last year. Sales volumes rose by 10%, reaching 10.72 million tonnes. This operational momentum translated into powerful financial results — the company’s turnover jumped 30% to ₹6,261 crore, EBITDA surged 32% to ₹2,385 crore, and profit before tax (PBT) grew 33% to ₹1,694 crore. Meanwhile, profit after tax (PAT) soared 35% to ₹2,271 crore.
Commenting on the results, Amitava Mukherjee, Chairman and Managing Director, NMDC, said:
“Record production and sales this quarter reaffirm NMDC’s legacy of reliability. Our focus on high-quality ore supply, ambitious expansion plans, and alignment with national policy goals continue to position NMDC as a key enabler of India’s industrial growth. Our future strategies are guided by the twin goals of achieving self-reliance in raw materials for steelmaking and advancing toward a net-zero emissions future.”
