NMDC Q1 profit rises 2 pc to Rs 2,007 crore, output up 26 pc
Hyderabad, Aug. 15 -- Telangana government-run NMDC Ltd, India's largest iron ore producer, on Friday, August 14, reported a 2 per cent rise in net profit for the June quarter, helped by a sharp jump in production even as sales grew only marginally.
The Navratna PSU said profit after tax for the quarter ended June 30, 2026, stood at Rs 2,007 crore, against Rs 1,969 crore in the corresponding period of 2025-26.
Revenue from operations rose 2 per cent to Rs 6,795 crore in the April-June quarter, compared with Rs 6,634 crore a year earlier, the company said in a regulatory filing.
Output up 26 pc, sales grow slower
Iron ore production climbed 26 per cent to 15.12 million tonne during the quarter from 11.99 million tonne a year ago. Sales...
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