NMDC STEEL

on wednesday jumped 17 percent to Rs 41 apiece on August 13 after the company swung to a profit in the June quarter (Q1 FY26), marking its sharpest single-day rise since January 2024. For the first time, NMDC Steel turned profitable in a quarter, posting a net profit of Rs 26 crore compared to a net loss of Rs 547 crore in the same period last year. Revenue from operations rose 66 percent year-on-year to Rs 3,365 crore in Q1 FY26. Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) came in at Rs 408 crore, sharply reversing from a loss of Rs 401 crore in Q1 FY25. The EBITDA margin for the quarter stood at 12 percent.