Iron ore producer NMDC reported standalone net profit rose 33% in the September quarter to ₹1,694.70 crore from ₹1,269.15 crore a year earlier.
The higher net profit came on a 30% increase in revenue from operations to ₹6,260.85 crore (₹4,806.57 crore).
The performance came in the backdrop of strong domestic steel demand and resilient mining operations. The company recorded all-time high production and sales volumes, along with steady growth across key financial parameters during the quarter, NMDC said.
Iron ore production for the quarter was 23% higher year on year at 10.21 million tonnes (8.29 MT), while sales increased 10% to 10.72 MT (9.73 MT).
“Record production, record sales and strong financial growth are indicators of our historic reliability. High-quality ore supply, ambitious expansion plans and responsiveness to national policy goals continue to make NMDC a key enabler of India’s industrial aspirations, CMD Amitava Mukherjee said.
Going forward, NMDC’s strategic efforts will be guided by the responsibility to achieve self-sufficiency in steel making raw materials while also reaching net-zero emissions, he said in a release on Wednesday. NMDC shares closed 2.75% higher at ₹76.65 apiece on the BSE.
On a consolidated basis, the State-owned miner posted net profit of ₹1,682.93 crore (₹1,195.82 crore) and a revenue from operations of ₹6,378.11 crore (₹4,918.91 crore).
Published – October 29, 2025 07:49 pm IST
