Hyderabad, August 14, 2026: NMDC, India's largest iron ore producer, today announced its financial results for the first quarter of FY27. In Q1 FY27, the company produced 15.12 million tons of iron ore, registering a growth of 26% compared to 11.99 million tons in the same period last year. Sales stood at 11.73 million tons in Q1 of this year compared to 11.52 million tons in the same quarter last year, marking a year-on-year increase of 2%. With these figures, NMDC has recorded strong growth in productivity and revenue in the first quarter of this fiscal year.

NMDC posts strong performance in the first quarter of the financial year

Recorded – Revenue reached Rs 6,795 crore.

FY27(Q1) FY26(Q1) Growth

Production (in MT) 15.12 11.99 26%

Sales (in MT) 11.73 11.52 2%

Turnover (Rs. crore) 6,795 6,634 2%

PBT (in crore) 2,692 2,644 2%

PAT (in crore) 2,007 1,969 2%

EBITDA (in Rs.) 2,817 2,777 1%

In terms of financial results, national mining company NMDC reported a strong performance in the first quarter of FY27, with total turnover reaching Rs 6,795 crore, registering a growth of 2% compared to Q1 FY26. Profit before tax (PBT) stood at Rs 2,692 crore as against Rs 2,644 crore in the same period of FY26. Similarly, EBITDA stood at Rs 2,817 crore as against Rs 2,777 crore in the same quarter of the previous financial year. Profit after tax increased from Rs 1,969 crore in the same period last year to Rs 2,007 crore in Q1 FY27, registering a growth of 2%.

Commenting on this impressive physical and financial performance, NMDC CMD Shri Amitabh Mukherjee said, "NMDC has started FY27 on a positive and strong footing with higher production and improved profits, reflecting the agility of our operations and the discipline of our strategy. Such rapid progress reflects our strong resolve to achieve the target of 60 million tonnes of production in the current financial year and to increase production to 100 million tonnes by 2030. Our primary focus now is on increasing the company's production volumes, improving productivity, and deriving greater value from our mineral resources. As India moves towards a larger and more self-reliant industrial economy, NMDC will continue to play a central role in securing the iron ore needed for the country's next phase of development."

These results underscore NMDC's continued focus on operational excellence, productivity, and sustainable growth. With strong production results and encouraging financial performance in the first quarter, the company remains committed to achieving its FY27 targets and pursuing its long-term growth strategy.