India’s largest iron ore producer, NMDC, has reported its highest-ever production, sales and financial performance for the first nine months of FY26, underlining strong operational momentum and resilient financial execution.
In January 2026 alone, the public sector miner achieved its best-ever monthly performance, producing 5.56 million tonnes (MT) of iron ore and selling 4.79 MT. This marked a year-on-year growth of 9% in production and 7% in sales compared with the same period last year.
The company’s cumulative performance up to January 2026 further reflected a sharp upward trajectory. Total iron ore production rose to 42.65 MT, registering a robust growth of 19% year-on-year, while sales increased to 39.73 MT, up 9.7%.
NMDC also delivered its strongest financial performance since inception during the nine-month period of FY26. Revenue surged 22% year-on-year to ₹20,381 crore, driven by higher volumes and sustained operational efficiency.
Profit before tax (PBT) rose 5% to ₹7,280 crore, while profit after tax (PAT) increased 4% to ₹5,401 crore. EBITDA stood at ₹7,666 crore, reflecting a growth of 5%. The company has also declared an interim dividend of ₹2.50 per equity share, reinforcing its commitment to shareholder returns.
According to the company, the strong financial showing was underpinned by record production volumes, disciplined cost management and continued focus on operational excellence, positioning NMDC among India’s most resilient mining companies.
January 2026 also marked a significant strategic milestone for NMDC with the inauguration of its first coal mine, the Tokisud North Coal Mine in Jharkhand. The move signals the company’s diversification beyond iron ore and adds a new dimension to its long-term growth strategy.
With back-to-back record volumes and healthy financials, NMDC remains firmly on course to achieve its annual targets and is well-positioned to set new benchmarks for the mining sector. The company said its performance reflects a strong strategic focus, operational resilience and a long-term vision centred on responsible mining and sustainable growth.
