DBT Bureau
Pune, 31 May 2026
NMDC Ltd reported a strong financial performance for the quarter and financial year ended March 31, 2026, driven by higher revenue and improved operational momentum. The company posted a standalone net profit of ₹2,020 crore in Q4 FY26, marking a rise from ₹1,496 crore recorded in the corresponding quarter last year.
Revenue from operations during the March quarter increased to ₹11,173 crore, compared with ₹6,953 crore in Q4 FY25. Profit before tax for the quarter stood at ₹2,875 crore, up from ₹2,351 crore a year earlier.
For the full financial year FY26, NMDC reported revenue from operations of ₹31,554 crore, registering robust growth over ₹23,668 crore reported in FY25. Annual net profit increased to ₹7,421 crore, compared with ₹6,693 crore in the previous fiscal year, reflecting steady demand and strong contribution from its core iron ore business.
The company’s iron ore segment remained the key earnings driver, contributing ₹25,015 crore in FY26 revenue, while the HR Coil & Sheets business and other minerals, products and services also supported overall growth.
NMDC’s Board of Directors recommended a final dividend of ₹1 per equity share (face value Re 1 each) for FY26, subject to shareholder approval at the upcoming Annual General Meeting. This comes in addition to the interim dividend of ₹2.50 per share already declared and paid during the year.
The company also highlighted certain contingent liabilities, including the proposed Karnataka mineral tax bill and ongoing legal matters, though auditors maintained an unmodified opinion on the financial results.
Source: Exchange Filing
