NMDC Q1 Financial Results: Iron Ore Production Rises 26% YoY to 15.12 MT

NMDC said, “The company begins FY27 on a strong footing, with 15.12 MT iron ore production, up 26% YoY, reflecting strong operational momentum.”

Amitava Mukherjee, CMD, NMDC, said, “NMDC has begun FY27 on a strong footing, with higher production and improved profitability reflecting the resilience of our operations and the discipline of our strategy. The momentum is firmly underway towards achieving our target of 60 million tonnes of production in the current financial year and scaling up to 100 million tonnes by 2030.”