New Delhi’s mining powerhouse NMDC has delivered a stellar performance in the iron ore sector, clocking a robust 42.65 million tonnes (MT) of production in the first nine months of FY26. This marks a impressive 19% year-on-year surge, as announced by the Steel Ministry on Wednesday.
The ministry highlighted that sales during April-December reached 39.73 MT, reflecting a 9.7% increase compared to the same period last year. January proved to be a record-breaker for the company, with 5.56 MT produced and 4.79 MT sold – gains of 9% and 7% respectively over January 2025.
Financially, NMDC shone brightly post its inception. Revenue jumped 22% to ₹20,381 crore, Profit Before Tax (PBT) rose 5% to ₹7,280 crore, Profit After Tax (PAT) grew 4% to ₹5,401 crore, and EBITDA climbed 5% to ₹7,666 crore in this period.
A major milestone was the inauguration of NMDC’s first coal mine, Tokisud North in Jharkhand, underscoring the company’s diversification push. This operational excellence positions NMDC firmly towards achieving its annual targets.
The Steel Ministry praised NMDC’s strategic focus, operational efficiency, and commitment to sustainable mining. As India’s largest state-owned iron ore producer, NMDC continues to fortify its leadership in the mining industry, driving growth and responsible practices forward.