NMDC logs record Feb output; FY26 production surges 18%

New Delhi: NMDC Limited, India’s largest iron ore producer, has reported its best-ever February performance, driven by strong growth in both production and sales, maintaing its operational momentum in FY26.

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The company recorded a production of 5.35 million tonnes (MnT) in February 2026, marking a 16 percent year-on-year increase compared to 4.62 MnT in the corresponding month last year. Sales during the month stood at 4.60 MnT, registering a 15.6 percent rise from 3.98 MnT in February 2025.

The February output also exceeded internal targets, reflecting improved operational efficiency and optimal utilisation of mining capacities across NMDC’s projects.

For the April–February period of FY26, NMDC posted a cumulative production of 47.79 MnT, up 18 percent from 40.49 MnT in the same period of the previous fiscal. Sales during this period rose by 10 percent to 44.34 MnT, compared to 40.20 MnT in FY25.

Commenting on the performance, NMDC's Chairman and Managing Director (CMD) Amitava Mukherjee said that the growth reflects the discipline and coordination across the company’s mining operations. He emphasised that each tonne of iron ore produced contributes to strengthening India’s steel value chain and infrastructure development.

Mukherjee further added that NMDC will continue to focus on responsible capacity expansion, operational efficiency, and ensuring consistent raw material supply to meet the country’s rising steel demand.

The company also highlighted that all its three production units have delivered record output during the period. As a Navratna CPSE under the Ministry of Steel, NMDC remains committed to enhancing productivity, improving cost competitiveness, and supporting India’s long-term industrial growth trajectory.

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