Earnings Review
NMDC Q1 sales up sharply, PAT falls; beat Street view
This story was originally published at 21:00 IST on 12 August 2025
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--NMDC Apr-Jun net profit INR 19.69 bln
--Analysts saw NMDC Apr-Jun net profit at INR 18.48 bln
--NMDC Apr-Jun net profit INR 19.69 bln vs INR 19.84 bln year ago
--NMDC Apr-Jun revenue INR 66.34 bln vs INR 53.78 bln year ago
--NMDC Apr-Jun iron ore revenue INR 61.99 bln vs INR 53.73 bln year ago
--NMDC Q1 pellet, other minerals revenue INR 4.69 bln vs INR 354.70 mln
By Arundathi A R
MUMBAI – NMDC Ltd. Tuesday reported a sharp on-year rise in its net revenue for the June quarter, its highest on-year growth in the past four quarters. The net profit of the company for the quarter fell marginally on year, against the sharp on-year rise it had reported in the year-ago quarter. The company beat the Street's estimate for both revenue and net profit.
The public sector iron ore major reported a net profit of INR 19.69 billion for the June quarter, down marginally on year but up 32% over the trailing quarter. The net profit was higher than analysts' estimate of INR 18.48 billion for the quarter. NMDC
reported revenues of INR 66.34 billion for the reporting quarter, up 23% on year but down nearly 5% on quarter. Analysts had expected the company to report a top line of INR 65.9 billion.
NMDC's total expenditure for the June quarter was INR 42.88 billion, up 38% on year. The royalty expenses for the quarter rose almost 33% on year to INR 26.80 billion. The company's pellet and other minerals revenue was INR 4.69 billion, up nearly thirteen-fold on year, and iron ore revenue rose 15% to INR 61.99 billion. More
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