NMDC posts record Q1 production with 31% growth

NMDC achieved record iron ore production of 119.94 LT in Q1 FY26, up 31% from the previous year and surpassing its previous Q1 best of 107.03 LT in FY24. Sales hit a new Q1 record of 115.17 LT, rising 14%.

Revenue jumped 23% to INR 6,634 crore, while EBITDA increased 2% to INR 2,777 crore. However, profit after tax declined 1% to INR 1,969 crore despite the strong operational performance.