Hyderabad: Amid strong domestic steel demand and resilient mining operations, NMDC delivered its best-ever second quarter in FY26. The company recorded all-time high production and sales volumes, along with steady growth across key financial parameters.
In Q2 FY26, production stood at 10.21 million tonnes, up 23% from the same period last year, and sales reached 10.72 million tonnes, an increase of 10% over Q2 FY25. NMDC’s operational momentum translated into robust financial results for the quarter. Turnover surged 30% to Rs. 6,261 crore; PBT rose 35% to Rs. 2,271 crore, and PAT grew 33% to Rs. 1,694 crore. EBITDA also climbed 32% to Rs. 2,385 crore.
Amitava Mukherjee, Chairman and MD, NMDC said, “Record production, record sales, and strong financial growth this quarter are all 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. Going forward, our strategic efforts are guided by the responsibility to achieve self-sufficiency in steelmaking raw materials while also reaching net-zero emissions.”
