NMDC posts record FY26 iron ore output of 53.16 MT; PAT rises 11%
NMDC Limited reported a consolidated net profit of ₹7,421 crore for FY26, an 11% increase from the previous year, driven by record iron ore production of 53.16 MnT. Revenue from operations rose to ₹32,071 crore, while Q4 standalone profit increased 35% to ₹2,020 crore.

*this image is generated using AI for illustrative purposes only.
NMDC Limited reported a consolidated net profit of ₹7,421 crore for the financial year ended March 31, 2026, an 11% increase from ₹6,693 crore in the previous year. The company achieved its best-ever annual iron ore production of 53.16 million tonnes (MnT), a 21% rise, while sales volume grew 13% to 50.24 MnT. Consolidated revenue from operations for FY26 stood at ₹32,071 crore, up from ₹23,906 crore in FY25. The audited financial results were published in newspapers on May 30, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Operational Performance in FY26
NMDC's iron ore production reached a record 53.16 MnT in FY26, surpassing the previous best of 45.02 MnT recorded in FY24. Iron ore sales also hit a record 50.24 MnT. However, the average domestic iron ore sales realisation declined to ₹4,921 per tonne from ₹5,135 per tonne in FY25. The following table summarises the key standalone operational and financial metrics for the full year:
| Metric | FY26 | FY25 | Variance | Change (%) |
|---|---|---|---|---|
| Iron Ore Production (MnT): | 53.16 | 44.07 | 9.09 | +21% |
| Iron Ore Sales (MnT): | 50.24 | 44.40 | 5.84 | +13% |
| Revenue from Operations (₹ Cr): | 31,554 | 23,668 | 7,886 | +33% |
| Profit After Tax (₹ Cr): | 7,421 | 6,693 | 728 | +11% |
Q4 FY26 Standalone Performance
In Q4 FY26, NMDC recorded its best-ever quarterly iron ore production of 16.27 MnT, up 22% year-on-year. Iron ore sales for the quarter stood at 15.30 MnT, a 21% increase. Revenue from operations reached a record ₹11,173 crore, a 61% surge from the corresponding quarter of the previous year. Profit After Tax for the quarter rose 35% to ₹2,020 crore. The average domestic iron ore sales realisation for Q4 FY26 was ₹4,759 per tonne.
| Metric | Q4 FY26 | Q4 FY25 | YoY Change (%) |
|---|---|---|---|
| Iron Ore Production (MnT): | 16.27 | 13.31 | +22% |
| Iron Ore Sales (MnT): | 15.30 | 12.67 | +21% |
| Revenue from Operations (₹ Cr): | 11,173 | 6,953 | +61% |
| Profit After Tax (₹ Cr): | 2,020 | 1,496 | +35% |
Consolidated Financial Results
The company's consolidated net profit for the quarter ended March 31, 2026, was ₹2,017.57 crore, compared to ₹1,483.18 crore in the prior year period. Total expenses for the consolidated entity during the quarter were ₹8,902.64 crore. For the full year, consolidated revenue was ₹32,070.89 crore, with total expenses of ₹23,409.79 crore.
Historical Stock Returns for NMDC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.60% | -3.48% | -5.26% | +4.94% | +23.80% | +104.43% |
How will NMDC manage the margin pressure from declining domestic iron ore realisations in the coming fiscal year?
What are the company's capital expenditure plans to sustain or further increase production capacity following the FY26 record?
How might global iron ore price volatility impact NMDC's revenue and profitability in FY27?































