NMDC Q1 FY27 Results: PAT up 2% to ₹2,007 crore

Key takeaway from NMDC’s June-quarter print

NMDC Limited, India’s largest iron ore mining company, reported a steady set of numbers for the first quarter of FY2026-27 (quarter ended June 30, 2026). Standalone profit after tax (PAT) rose 2% year-on-year to ₹2,007.27 crore, while revenue from operations increased 2.4% to ₹6,795.25 crore.

The results came through after the company’s Board of Directors approved the unaudited standalone and consolidated financials at its meeting held on August 14, 2026. The update also arrives at a time when investors have been tracking production, sales, realisations and margin trajectory through FY27.

Board meeting and regulatory timeline

NMDC informed the stock exchanges that a Board meeting was scheduled on 14/08/2026 to consider and approve unaudited financial results (standalone and consolidated) for the quarter ended 30 June 2026. The company subsequently reported that the financial results were approved at the Board meeting held on August 14, 2026.

On dividends, the company had announced a final dividend of Re 1 per equity share for fiscal 2026 in May. NMDC also indicated that it had not shared details about dividend consideration at the August 14 meeting. As of the same update set, NMDC was yet to announce the schedule for its Q1 FY27 earnings call.

Standalone performance: profit and revenue edge up

On a standalone basis, NMDC reported PAT of ₹2,007.27 crore for Q1 FY2026-27, up 2% from ₹1,968.62 crore in the corresponding quarter last year. Revenue from operations increased 2.4% year-on-year to ₹6,795.25 crore compared with ₹6,634.16 crore in Q1 FY2025-26.

Other reported standalone line items included total income of ₹7,141.96 crore, up 3%, and profit before tax (PBT) of ₹2,692.65 crore, up 1.8%. Earnings per share (EPS) stood at ₹2.28 versus ₹2.24 in the year-ago quarter.

The quarter’s net profit was also above the CNBC-TV18 poll estimate of ₹1,989 crore, as per the reported comparison in the provided data.

Consolidated results: largely in line with standalone

On a consolidated basis, NMDC reported PAT of ₹2,005.71 crore versus ₹1,967.46 crore in Q1 FY26. Consolidated revenue was reported at ₹6,795.25 crore compared with ₹6,738.86 crore, while total income was ₹7,142.54 crore compared with ₹7,038.97 crore.

Basic EPS on the consolidated basis was ₹2.25 versus ₹2.24. The consolidated results include subsidiaries, joint ventures and associates accounted for using the equity method. NMDC’s share of loss from associates and joint ventures stood at ₹29.48 crore during the quarter.

Key numbers at a glance

Cost and quarterly snapshot from the highlights table

A separate quarterly highlights table in the provided data set shows cost and income lines across multiple periods, with values in ₹ crore (per-share values in rupees). The table is presented as a QoQ comparison.

Operations update: production, sales and June record

Alongside the financial disclosure, the provided data set also includes operational milestones for the start of FY27. NMDC reported its highest-ever first-quarter production and sales since inception, producing 15.10 million tonnes (MT) of iron ore during Q1 FY27, a 26% year-on-year growth. Sales stood at 11.75 MT, marking a 2% rise over the corresponding period last year.

Within the quarter, NMDC also reported its highest-ever June performance with production of 5.15 MT and sales of 3.98 MT, representing year-on-year increases of 44% and 11%, respectively. The operational update referenced capacity expansion efforts supporting a 60 MT target and a longer-term 100 MT vision.

Stock context: where NMDC shares stood

The provided data set also references NMDC’s market price ahead of the results. NMDC share price was ₹84.92 as on 07 Aug, 2026 (03:58 PM IST), and the stock was down 1.49% versus the previous price of ₹85.8.

This pricing snapshot matters mainly as context for how the market was positioned before the Board-approved earnings release, especially with investors watching production, sales, realisations, margins, dividend and FY27 guidance.

Disclosures, other matters, and what investors tracked

The disclosed matters section in the data set notes that the combined value of the disclosed matters stood at ₹30,829.69 crore. The same broader set of notes also states that investors were watching production, sales, iron ore realisations, margins, dividend and FY27 guidance around the Q1 FY27 result date.

The company’s communications also indicated that the schedule for the Q1 FY27 earnings call had not been announced in the provided information.

Conclusion

NMDC’s Q1 FY27 results showed modest year-on-year growth in standalone profit and revenue, with PAT at ₹2,007.27 crore and revenue from operations at ₹6,795.25 crore, approved by the Board on August 14, 2026. On the operational side, the company reported record first-quarter production of 15.10 MT and sales of 11.75 MT, alongside a record June output and sales performance. The next key update investors will look for, based on the provided information, is the company’s announcement of its Q1 FY27 earnings call schedule and any further disclosures tied to performance drivers.