New Delhi, February 4: India’s largest public sector iron ore producer, NMDC, has reported a 19% year-on-year increase in production, reaching 42.65 million tons in the first nine months of FY26. This information was released by the Ministry of Steel on Wednesday.
The ministry noted that during the April-December period of FY26, NMDC’s sales rose to 39.73 million tons, marking a 9.7% annual increase.
In January, the company achieved its highest production and sales figures to date, enhancing its operational momentum. Last month, NMDC produced 5.56 million tons of iron ore and sold 4.79 million tons, reflecting a robust annual growth of 9% in production and 7% in sales compared to the same period last year.
On the financial front, NMDC has demonstrated remarkable performance in the first nine months of FY26 since its inception. During this period, revenue increased by 22%, reaching ₹20,381 crores, while profit before tax (PBT) rose by 5% to ₹7,280 crores. Profit after tax (PAT) also saw a 4% increase, amounting to ₹5,401 crores, with EBITDA growing to ₹7,666 crores, indicating a 5% rise.
The ministry stated that NMDC is making significant progress toward meeting its annual targets by achieving its best figures to date. The inauguration of the company’s first coal mine, the Tokisud North coal mine in Jharkhand, in January is another notable achievement in NMDC’s history.
According to the Ministry of Steel, this performance reflects NMDC’s strategic focus, operational efficiency, and long-term vision. The company remains committed to diversifying its portfolio, enhancing its capabilities, and maintaining a strong commitment to responsible mining and sustainable development, further solidifying its leading position in India’s mining sector.
