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NMDC's Robust Performance: Q3 and Nine Months of FY26 Overview

NMDC

NMDC Ltd

NMDC

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For Q3 FY26, NMDC reported a Revenue from Operations of 7,486 Crore, EBITDA of 2,504 Crore, PBT of 2,366 Crore, and PAT of 1,738 Crore. The company achieved best ever Q3 production and sales volumes.
NMDC's Iron Ore Production for Q3 FY26 was 146.84 LT, a 10% increase compared to Q3 FY25. Iron Ore Sales reached 127.07 LT, a 6% increase over Q3 FY25.
The Average Domestic Realization (Rs./T) for iron ore decreased by 13% in Q3 FY26 to 4,681 Rs./T, compared to 5,361 Rs./T in Q3 FY25. For 9M FY26, it decreased by 4% to 4,992 Rs./T from 5,187 Rs./T in 9M FY25.
Total Expenses for NMDC in Q3 FY26 were 5,476 Crore, a 28% increase from Q3 FY25. For 9M FY26, total expenses were 14,136 Crore, a 30% increase from 9M FY25.
As of January 30, 2026, the 'President of India' is the largest shareholder with 60.79% holding, followed by Life Insurance Corporation of India with 4.97%.
NMDC has major investments in JKMDC (95.86%), NCL (51%), BRPL (52%), KVSL (100%), ICVL (25.94%), and Legacy Iron Ore (92.84%), among others, totaling Rs. 1,419.98 crore.

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