NMDC Steel spurts as Q4 profit rebounds
Mumbai, June 1 -- On a standalone basis, the company posted a net profit of Rs 391.91 crore in Q4 FY26 compared with a net loss of Rs 473.39 crore in Q4 FY25. It also returned to profitability on a sequential basis from a net loss of Rs 243.97 crore in Q3 FY26.
Revenue from operations jumped 36.67% YoY and 28.97% QoQ to Rs 3,879 crore in the March 2026 quarter.
PBT stood at Rs 486.10 crore in Q4 FY26 compared with a loss before tax of Rs 664.31 crore in Q4 FY25 and a loss of Rs 263.81 crore in Q3 FY26.
On the cost front, total expenditure declined 2.92% YoY to Rs 3,419.04 crore. Raw material costs rose 23.20% to Rs 2,297.62 crore, while employee expenses increased 50.28% to Rs 40.71 crore. Finance costs fell 44.10% to Rs 96.42 crore an...
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