NMDC Board Decides Against Interim Dividend Declaration

1 min read     Updated on 14 Nov 2025, 03:31 PM
scanx
Reviewed by
Naman SharmaScanX News Team
Overview

NMDC Limited's board of directors has decided not to declare an interim dividend on the company's equity shares. The decision was made during a board meeting on November 14, 2025, which lasted from 11:30 hrs to 13:30 hrs (IST). This means shareholders will not receive interim dividend payments for this period. The company has disclosed this information to stock exchanges in compliance with SEBI regulations.

24660115

*this image is generated using AI for illustrative purposes only.

NMDC Limited , a prominent player in the Indian mining sector, has announced that its board of directors has chosen not to declare an interim dividend on the company's equity shares. This decision, made during a board meeting held on November 14, 2025, impacts current shareholders who will not receive interim dividend payments during this period.

Board Meeting Details

The board meeting, which commenced at 11:30 hrs (IST) and concluded at 13:30 hrs (IST), was convened to discuss various matters, including the potential declaration of an interim dividend. However, after deliberation, the board decided against such a declaration.

Implications for Shareholders

This decision has several implications for NMDC's shareholders:

  • No immediate payout: Shareholders will not receive any interim dividend payment at this time.
  • Retained earnings: The company will retain these funds, potentially for reinvestment or future use.
  • Future considerations: The decision does not preclude the possibility of dividend declarations in the future, including at the end of the fiscal year.

Regulatory Compliance

In line with regulatory requirements, NMDC has promptly disclosed this information to the stock exchanges. The company cited Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in its communication, ensuring transparency and compliance with market regulations.

Investors and stakeholders can find additional information on this development on the company's official website: www.nmdc.co.in .

While the news of no interim dividend might disappoint some investors looking for regular income from their investments, it's important to note that dividend decisions are complex and often reflect a company's current financial position, future outlook, and strategic priorities. Shareholders and potential investors should consider this information as part of their overall assessment of NMDC's financial health and investment potential.

Historical Stock Returns for NMDC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.09%+3.11%+0.55%+9.29%+4.96%+246.22%

NMDC Reports Robust Growth in Iron Ore Production and Sales for October 2025

1 min read     Updated on 01 Nov 2025, 10:28 PM
scanx
Reviewed by
Shriram ShekharScanX News Team
Overview

NMDC Limited announced its production and sales figures for October 2025, showing significant year-over-year growth. Total iron ore production increased by 4.91% to 4.27 MT compared to October 2024. Cumulative production for FY 2025-26 (up to October) rose by 22.83% to 26.47 MT. While monthly sales in October 2025 decreased slightly by 3.47%, cumulative sales for the fiscal year up to October 2025 increased by 9.65% to 26.14 MT. Both Chhattisgarh and Karnataka sectors contributed to the overall growth in production and sales figures.

23561916

*this image is generated using AI for illustrative purposes only.

NMDC Limited , a major player in the Indian iron ore industry, has released its production and sales figures for October 2025, showcasing significant year-over-year growth. The company's performance indicates a strong uptick in both production and sales volumes across its operations in Chhattisgarh and Karnataka.

Production and Sales Highlights

NMDC's iron ore production and sales data for October 2025 and the cumulative figures for FY 2025-26 (up to October) present a compelling picture of growth:

Metric October 2025 October 2024 YoY Change Cumulative FY 2025-26 (Upto Oct) Cumulative FY 2024-25 (Upto Oct) YoY Change
Production (MT) 4.27 4.07 +4.91% 26.47 21.55 +22.83%
Sales (MT) 3.89 4.03 -3.47% 26.14 23.84 +9.65%

Sector-wise Performance

The company's operations are divided into two main sectors:

Chhattisgarh Sector

  • October 2025 Production: 3.06 MT (vs 2.93 MT in October 2024)
  • October 2025 Sales: 2.77 MT (vs 2.91 MT in October 2024)
  • Cumulative Production (Upto Oct 2025): 17.84 MT (vs 13.86 MT in the previous year)
  • Cumulative Sales (Upto Oct 2025): 17.90 MT (vs 16.77 MT in the previous year)

Karnataka Sector

  • October 2025 Production: 1.21 MT (vs 1.14 MT in October 2024)
  • October 2025 Sales: 1.12 MT (unchanged from October 2024)
  • Cumulative Production (Upto Oct 2025): 8.63 MT (vs 7.69 MT in the previous year)
  • Cumulative Sales (Upto Oct 2025): 8.24 MT (vs 7.07 MT in the previous year)

Key Takeaways

  • NMDC's total iron ore production in October 2025 increased by 4.91% year-over-year, reaching 4.27 MT.
  • The cumulative production for FY 2025-26 (up to October) showed a substantial increase of 22.83% compared to the same period in the previous fiscal year.
  • While monthly sales in October 2025 saw a slight decrease of 3.47% compared to October 2024, the cumulative sales for the fiscal year up to October 2025 increased by 9.65%.
  • Both Chhattisgarh and Karnataka sectors contributed to the overall growth in production and sales figures.

NMDC Limited continues to play a crucial role in India's iron ore industry, and these latest figures suggest that the company is well-positioned to meet the growing demand for iron ore in the domestic and potentially international markets.

Historical Stock Returns for NMDC

1 Day5 Days1 Month6 Months1 Year5 Years
-1.09%+3.11%+0.55%+9.29%+4.96%+246.22%
More News on NMDC
Explore Other Articles
76.55
-0.84
(-1.09%)