NMDC Smashes Records with Highest-Ever Production, Sales in FY26
India’s largest iron ore miner posts strongest 9-month performance on volumes, revenue and profits
- Best-ever January output and sales recorded by NMDC
- Production up 19%, sales up 9.7% in 9 months of FY26
- Revenue jumps 22% to ₹20,381 crore; PAT rises to ₹5,401 crore
- First coal mine at Tokisud North inaugurated in Jharkhand
GG News Bureau
New Delhi, 5th Feb: NMDC, India’s largest iron ore producer, has reported its highest-ever production, sales and financial performance in the first nine months of FY26, underlining strong operational momentum and sustained growth across key parameters.
The miner delivered its best-ever January performance, producing 5.56 million tonnes (MT) of iron ore and selling 4.79 MT, reflecting a year-on-year growth of 9% in production and 7% in sales compared to the same period last year.
Strong Volume Growth
Cumulative performance up to January 2026 further highlighted NMDC’s upward trajectory. Total production surged to 42.65 MT, marking an impressive 19% growth, while cumulative sales rose to 39.73 MT, registering a 9.7% year-on-year increase.
Robust Financial Performance
On the financial front, NMDC delivered its strongest nine-month performance since inception. Revenue rose sharply by 22% to ₹20,381 crore, while profit before tax (PBT) increased 5% to ₹7,280 crore. Profit after tax (PAT) stood at ₹5,401 crore, up 4%, and EBITDA grew 5% to ₹7,666 crore.
Reflecting confidence in its performance, the company has also announced an interim dividend of ₹2.50 per equity share for shareholders.
New Milestone in Diversification
January 2026 marked another milestone for NMDC with the inauguration of its first coal mine—Tokisud North Coal Mine in Jharkhand, signalling a key step in portfolio diversification and long-term growth strategy.
On Track for Annual Targets
With record volumes, steady financial growth and expanding capabilities, NMDC remains firmly on course to achieve its annual targets. The company said its performance reflects a sharp focus on operational excellence, resilience and responsible mining, reinforcing its leadership position in India’s mining sector.
As NMDC continues to diversify and strengthen its operations, it remains committed to sustainable growth and responsible resource development, setting new benchmarks for the domestic mining industry.
