State-owned miner NMDC reported a marginal increase in the consolidated net profit for the June quarter to ₹1,967.46 crore as against ₹1,963.35 crore in the corresponding period of previous fiscal.
Total income of the company, which is India’s largest iron ore producer, increased nearly 22% to ₹7,038.97 crore (₹5,779.07 crore). For the quarter ended March, NMDC had posted a net profit of ₹1,483.18 crore and total income of ₹7,497.17 crore.
On a standalone basis, for the June quarter, net profit was a tad lower at ₹1,968.62 crore (₹1,983.97 crore), while total income was almost 21% higher at ₹6,932.05 crore (₹5,742.31 crore).
“Our strong Q1 performance, marked by a double-digit in revenue, is a testament to our relentless pursuit of operational excellence and strategic decisions. By leveraging advanced technologies and state-of-the-art facilities, we are able to consistently deliver high volumes and have set the foundation for this financial and for our 2030 vision,” CMD Amitava Mukherjee said.
In the first quarter of FY26, the company produced 11.99 million of iron ore, which was an increase of 30% compared to 9.19 MT a year earlier. At 11.52 MT, the sales were 14% higher from the 10.07 MT a year earlier.
Published – August 12, 2025 09:34 pm IST
