India’s state-run mining company NMDC Ltd reported record quarterly results for the three months ended September 30, 2025, supported by higher steel demand and strong operational efficiency. The firm achieved its best-ever second-quarter performance in both production and sales.
According to a press release by India’s Press Information Bureau, production rose 23% y/y to 10.21mn tonnes, while sales increased 10% y/y to 10.72mn tonnes. The company’s revenue climbed 30% to INR626.1bn ($7.07bn), driven by higher output and improved realisations.
Profit before tax advanced 35% to INR227.1bn, and profit after tax grew 33% to INR169.4bn. Earnings before interest, tax, depreciation and amortisation rose 32% to INR238.5bn, highlighting strong cost management and operational leverage. India’s Ministry of Steel said NMDC’s continued performance underlined the resilience of the country’s mining sector, which is expanding to meet rising infrastructure and manufacturing needs.
The firm’s results also reflect sustained recovery in domestic steel consumption, aided by public capital expenditure and higher private investment in construction.
NMDC Chairman and Managing Director Amitava Mukherjee said the company’s focus on quality ore production and steady capacity expansion supported both national industrial goals and the broader move toward self-reliance in raw materials. He added that NMDC’s operations remain aligned with India’s commitment to achieving net-zero emissions while strengthening domestic resource security.
The miner plans to maintain production momentum in the second half of the fiscal year, targeting further efficiency gains and cost reductions to reinforce its position as India’s largest iron ore producer.
© 2025 bne IntelliNews, source Magazine