Indian government-run iron ore miner NMDC Limited has reported a consolidated net profit of INR 17,470 million ($191.22 million) for the third quarter (October-December) of the fiscal year 2025-26, a decline of eight percent year on year, according to a regulatory filing by the company on Tuesday, February 3.
The company achieved total revenues of INR 76,100 million ($832.96 million) during the quarter, a rise of 16 percent year on year.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.