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NMDC Q2 FY26: Record output and higher profit driven by strong domestic demand

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NMDC Q2 FY26: Record output and higher profit driven by strong domestic demand
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DBT Bureau

Pune, 8 Nov 2025

Amid strong domestic steel demand and resilient mining operations, NMDC delivered its best-ever second quarter in FY26. The company recorded all-time high production and sales volumes, along with steady growth across key financial parameters.

In Q2 FY26, production stood at 10.21 million tonnes, up 23% from the same period last year, and sales reached 10.72 million tonnes, an increase of 10% over Q2 FY25.

ParameterQ2 FY26Q2 FY25Growth
Production (in MT)10.218.2923%
Sales (in MT)10.729.7310%
Turnover (Rs. crore)6,2614,80730%
PBT (Rs. crore)2,2711,68735%
PAT (Rs. crore)1,6941,26933%
EBITDA (Rs. crore)2,3851,80132%

NMDC’s operational momentum translated into robust financial results for the quarter. Turnover surged 30% to Rs. 6,261 crore; PBT rose 35% to Rs. 2,271 crore, and PAT grew 33% to Rs. 1,694 crore. EBITDA also climbed 32% to Rs. 2,385 crore.

Commenting on the results, Amitava Mukherjee, Chairman and MD, NMDC said, “Record production, record sales, and strong financial growth this quarter are all indicators of our historic reliability. High-quality ore supply, ambitious expansion plans, and responsiveness to national policy goals continue to make NMDC a key enabler of India’s industrial aspirations. Going forward, our strategic efforts are guided by the responsibility to achieve self-sufficiency in steelmaking raw materials while also reaching net-zero emissions.”

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