India’s top government iron ore producer, NMDC, reported a dynamic 19% annual growth in production, reaching 42.65 million tonnes for the April-December period of FY26. The Steel Ministry shared these encouraging figures on Wednesday, signaling strong momentum in the sector.
Sales figures also impressed, hitting 39.73 MT – up 9.7% from last year. The month of January set new benchmarks, with output at 5.56 MT (9% YoY growth) and sales at 4.79 MT (7% YoY increase), reinforcing NMDC’s operational prowess.
On the fiscal front, the company achieved record highs since its founding. Revenue soared 22% to ₹20,381 crore, while PBT, PAT, and EBITDA each advanced by 5% and 4% respectively, landing at ₹7,280 crore, ₹5,401 crore, and ₹7,666 crore.
Adding to the triumphs, NMDC launched its inaugural coal block, Tokisud North in Jharkhand, marking a strategic expansion. These achievements highlight NMDC’s trajectory towards meeting yearly goals with unwavering determination.
Ministry officials emphasized the company’s blend of innovation, efficiency, and sustainability. By diversifying its portfolio and upholding ethical mining standards, NMDC solidifies its dominant role in India’s resource landscape.