THEBUSINESSBYTES
BUREAU
NEW DELHI,
FEBRUARY 4, 2026
NMDC, India’s largest iron ore producer, has
achieved its highest-ever production, sales and financial performance during
the first nine months of FY26, underlining its strong operational efficiency
and sustained growth momentum. The state-owned mining major delivered a stellar
performance across both volume and financial parameters, reinforcing its
position as one of the country’s most resilient and responsible mining
companies.
The company registered its best-ever
January production and sales, maintaining strong operational momentum. During
January 2026, NMDC produced 5.56 million tonnes (MT) of iron ore and recorded
sales of 4.79 MT, reflecting a year-on-year growth of 9 per cent in production
and 7 per cent in sales compared to the same period last year. The company’s
cumulative performance up to January 2026 further highlights its growth
trajectory, with production surging to 42.65 MT, registering a remarkable 19
per cent increase, while sales rose to 39.73 MT, marking a 9.7 per cent growth
year-on-year.
On the financial front, NMDC reported
its strongest-ever nine-month performance since inception. The company’s
revenue grew by 22 per cent to ₹20,381
crore, while profit before tax (PBT) increased by 5 per cent to ₹7,280 crore.
Profit after tax (PAT) rose by 4 per cent to ₹5,401 crore, and EBITDA expanded
to ₹7,666 crore, registering a 5 per cent growth. Demonstrating its
commitment to rewarding shareholders, NMDC also announced an interim dividend
of ₹2.50 per equity share.
Adding another milestone to its growth
journey, January 2026 also marked the inauguration of NMDC’s first coal mine,
the Tokisud North Coal Mine in Jharkhand, signalling the company’s
diversification into new resource segments. The achievement underscores NMDC’s
long-term vision to expand its portfolio while maintaining sustainable and
responsible mining operations.
