NMDC Latest Update

Financial Results (Q4 FY25 & Full Year FY25): NMDC reported a 5% increase in consolidated net profit to ₹1,483 crore for Q4 FY25, driven by higher iron ore and pellet sales. Total income also rose by approximately 9% to ₹7,497.17 crore. For the full fiscal year FY25, the net profit increased by over 17% to ₹6,538.82 crore, with total income rising to ₹25,498.84 crore. The company has proposed a final dividend of ₹1 per share, in addition to the interim dividend of ₹2.30 already paid for FY25. Production and Sales Performance: NMDC has maintained strong operational performance. In Q4 FY25, iron ore production was 13.31 million tonnes (MT) and sales were 12.67 MT. Looking at April 2025 specifically, NMDC reported a record 15% rise in iron ore production, reaching 4 MT, and a 3% growth in sales to 3.63 MT, marking its highest-ever April volumes since inception. This strong start to FY26 is attributed to robust performance from its key mines. Future Outlook and Strategic Goals: NMDC's management, led by Chairman and Managing Director Amitava Mukherjee, is focused on consistent year-on-year progress, aiming to achieve a milestone of 100 MTPA (Million Tonnes Per Annum) in the next five years. The company's ongoing initiatives are translating into tangible results, providing confidence in its long-term targets. Future plans include transitioning towards green material transportation with a dedicated slurry pipeline for slime transportation, and working towards 'Zero-Waste Mining' by maximizing the utilization of various grades of iron ore.