NMDC reports 16% production growth in April 2026

New Delhi: State-run mining major NMDC Limited has reported a 16 percent year-on-year increase in iron ore production for April 2026, marking a robust start to the financial year 2026–27 (FY27).

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The company produced 46.4 lakh tonnes and sold 36.8 lakh tonnes of iron ore during the month, according to an official statement. This represents NMDC’s highest-ever April production, driven by strong output from its Bailadila iron ore projects.

The country’s largest iron ore miner has also outperformed industry growth trends. While India’s iron ore production has grown at a compound annual growth rate (CAGR) of 3.9 percent over the past four years, NMDC recorded a higher CAGR of 6.8 percent during the same period, increasing its share in incremental output.

Commenting on the performance, NMDC Chairman and Managing Director (CMD) Amitava Mukherjee said the company is expanding its capacities and capabilities across logistics, infrastructure, technology, and supply chain integration to support future growth.

Starting the fiscal with 4.6 million tonnes of production in April, NMDC has set an ambitious target of exceeding 60 million tonnes output in FY27. The company had achieved over 53 million tonnes production in FY26.

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The strong operational performance and positive start to the fiscal year are expected to support growth momentum in India’s iron and steel sector, the company said.

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