en.Wedoany.com Reported - India's state-owned iron ore producer NMDC recorded an iron ore output of 53.15 million tonnes for the full fiscal year 2025-2026 (April 1, 2025 to March 31, 2026), up 21% year-on-year, with sales reaching 50.23 million tonnes, up 13% year-on-year. During the same period, the company's standalone net profit after tax stood at INR 74.21 billion (approximately USD 868 million), up about 10.9% year-on-year, while revenue from operations reached INR 315.54 billion (approximately USD 3.69 billion), up about 33.3% year-on-year.

In the fourth quarter of the fiscal year (January 1, 2026 to March 31, 2026), NMDC's iron ore output was 16.272 million tonnes, up 22% year-on-year and about 11% quarter-on-quarter. Iron ore sales reached 15.299 million tonnes, up 21% year-on-year and about 20% quarter-on-quarter. The strong quarterly production and sales were mainly driven by a surge in March, when iron ore output reached 5.35 million tonnes and sales reached 5.9 million tonnes, up about 51% and 40% year-on-year respectively, pushing both output and sales in the fourth quarter higher year-on-year and quarter-on-quarter.

NMDC is a major state-owned iron ore producer in India, with mines primarily located in Chhattisgarh and Karnataka. The year-on-year growth in production and sales in the fourth quarter, coupled with the increase in full-year output and sales, indicates that its iron ore supply continued to expand in fiscal year 2025-2026.

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