India’s NMDC sees marginal rise in consolidated net profit in Q1 FY 2025-26

Wednesday, 13 August 2025 10:13:21 (GMT+3)   |   Kolkata

Indian government-run iron ore miner has achieved a consolidated net profit of INR 19.67 billion ($224.46 million) in the first quarter (April-June) of the fiscal year 2025-26, up just 0.06 percent year on year, according to a company statement on Wednesday, August 13.

The company reported a 22 percent increase in total income to INR 70.38 billion ($803.29 million) in the given period.

In the first quarter, NMDC Limited achieved a 30 percent growth in iron ore production to 11.99 million mt, while total sales rose by 14 percent year on year to 11.52 million mt, the company reported.

AjoyDas
Ajoy Das
Editor

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.

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