New Delhi: NMDC Limited has reported a record Profit After Tax (PAT) of Rs 7,421 crore for FY 2025-26, registering an 11 percent growth over Rs 6,693 crore recorded in the previous financial year, supported by higher iron ore production, strong sales volumes and improved operational performance.
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The state-owned iron ore major also posted a robust fourth-quarter performance, with PAT for Q4 FY26 rising 35 percent year-on-year to Rs 2,020 crore compared to Rs 1,496 crore in the corresponding quarter of FY25.
Profit Before Tax (PBT) for FY26 increased 9 percent to Rs 10,155 crore from Rs 9,296 crore in the previous financial year, while EBITDA rose 9 percent to Rs 10,737 crore.
The company recorded its highest-ever turnover of Rs 31,554 crore during FY26, reflecting a growth of 33 percent over Rs 23,668 crore reported in FY25.
Operationally, NMDC achieved record iron ore production of 53.16 million tonnes during the financial year, up 21 percent from 44.07 million tonnes in the previous year. Sales increased 13 percent to 50.24 million tonnes.
During the fourth quarter, iron ore production rose 22 percent year-on-year to 16.27 million tonnes, while sales increased 21 percent to 15.30 million tonnes.
The company’s turnover for Q4 FY26 surged 61 percent to Rs 11,173 crore compared to Rs 6,953 crore in the corresponding period last year. Quarterly PBT rose 22 percent to Rs 2,875 crore, while EBITDA increased 21 percent to Rs 3,072 crore.
NMDC reported capital expenditure of Rs 3,690 crore during FY26 as part of its ongoing expansion and capacity enhancement initiatives.
The Board of Directors has recommended a final dividend of Re 1 per equity share for FY26, subject to shareholder approval. Together with the interim dividend of Rs 2.5 per equity share already declared, the total dividend payout for the year stands at Rs 3,077 crore.
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Commenting on the performance, NMDC's Chairman & Managing Director (CMD) Amitava Mukherjee said the company’s record production, topline growth and stronger financial metrics reflected its transition into a larger-scale and capital-intensive resource enterprise.
He said NMDC remains focused on sustaining volume growth, improving asset productivity and building future-ready mining capacity.
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