NMDC Limited Schedules Q2 FY27 Results Review for November 12

NMDC Limited will consider its unaudited Q2 FY27 and first-half FY27 financial results on November 12, 2026, after reporting Q1 revenue of ₹6,795.25 crore and reported profit after tax of ₹2,005.71 crore. The scheduled board meeting matters because investors are awaiting updated disclosures on production, sales, pricing and profitability in the iron ore business.

When will NMDC announce its Q2 FY27 results?

NMDC will place its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026 before its board on Thursday, November 12, 2026. The company had informed the exchanges about the meeting through a filing dated November 5.

The review covers the July-September 2026 quarter, or Q2 FY27, and the April-September 2026 first half. As of the meeting intimation, Q2 financial figures had not been filed with the exchanges. Revenue, profit and margin estimates for the quarter should therefore not be treated as confirmed results.

The results are due 43 days after the end of the September quarter. The board notice is a routine corporate disclosure and does not itself require any action by shareholders.

What did NMDC report in the previous quarter?

NMDC reported net sales turnover of ₹6,795.25 crore in Q1 FY27, compared with ₹6,738.85 crore in Q1 FY26, according to the quarterly data provided. This represents year-on-year growth of about 0.8%, while another results summary cited a 2.4% change in previous-quarter sales comparison.

Reported PAT stood at ₹2,005.71 crore in the April-June 2026 quarter, against ₹1,967.46 crore a year earlier. The quarterly results table showed operating profit of ₹2,468.43 crore and EBITDA of ₹2,815.72 crore for Q1 FY27.

NMDC's total income in the June 2026 quarter was ₹7,142.54 crore. Profit before tax was ₹2,691.09 crore, while EBIT was ₹2,712.70 crore. These figures provide the latest disclosed base for assessing the September-quarter announcement.

What factors will influence NMDC's September-quarter performance?

NMDC's Q2 performance will be shaped by iron ore production, sales volumes and realised selling prices. Mining costs, royalty payments, transportation expenses and demand from India's steel industry are also identified as key influences on profitability.

Iron ore is the company's central business driver, which means changes in sales dispatches and price realisations can affect revenue and operating profit. The Q2 announcement will provide the company-reported figures needed to assess how these factors moved during the July-September period.

Investors will also be able to compare the new results with the March 2026 quarter, when NMDC reported net sales turnover of ₹11,343.13 crore and reported PAT of ₹2,017.57 crore. The sequential comparison should be made carefully because quarterly production and sales can vary across periods.

Why are investors watching NMDC's Q2 FY27 announcement?

Investors are watching the release because NMDC had a market value of ₹63,037 crore in the supplied corporate-actions data, making its financial disclosures relevant to the metal and mining segment. The upcoming results will clarify whether the modest year-on-year growth reported in Q1 continued into the second quarter.

The filing will also cover half-year performance, offering a broader view than the June-quarter update alone. However, the board-meeting notice contains no confirmed Q2 revenue, profit, production or dividend data, so the market will have to wait for the approved financial statements.

The company has also disclosed a sanctioned investment of around ₹3,000 crore for a Vizag blending yard. Management expects the project to become operationally significant within three years, while NMDC Global IFSC Ltd is being operationalised at GIFT City. These disclosures provide context for NMDC's longer-term business initiatives but do not establish any Q2 financial contribution.

What corporate governance details apply to the results meeting?

NMDC has closed its trading window for insiders from October 1, 2026 until November 14, 2026 in connection with the Q2 results process. Such restrictions are intended to limit trading by designated persons during the period surrounding unpublished price-sensitive information.

The board is scheduled to consider both standalone and consolidated results. The exchange filing states that the accounts will be unaudited for the quarter and half year ended September 30, 2026. Shareholders should rely on the final exchange-filed statements for confirmed financial data.

Conclusion

NMDC's November 12 board meeting is the scheduled point for approval of Q2 and H1 FY27 financial results. The latest available quarter showed ₹6,795.25 crore in net sales turnover and ₹2,005.71 crore in reported PAT, while the September-quarter figures remain undisclosed until the company files them.

The next item to watch is NMDC's approved standalone and consolidated results for the period ended September 30, 2026. Investors will be able to assess reported iron ore-linked revenue, profitability and half-year trends after the results are released, alongside updates on the Vizag blending yard and other disclosed initiatives.