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Informist, Wednesday, Oct. 29, 2025

 

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--NMDC Jul-Sept net profit INR 16.94 bln 
--Analysts saw NMDC Jul-Sept net profit at INR 16.97 bln 
--Analysts saw NMDC Jul-Sept revenue at INR 60.11 bln 
--NMDC Jul-Sept revenue INR 62.61 bln 
--NMDC Jul-Sept net profit INR 16.94 bln vs INR 12.69 bln year ago 
--NMDC Jul-Sept revenue INR 62.61 bln vs INR 48.07 bln year ago 
--NMDC Apr-Sept net profit INR 36.63 bln vs INR 32.53 bln year ago 
--NMDC Apr-Sept revenue INR 128.95 bln vs INR 101.84 bln year ago 
--NMDC Jul-Sept iron ore revenue INR 53.37 bln vs INR 47.49 bln year ago 
 

 

By Pallavi Singhal

 

NMDC Ltd. Wednesday reported a sharp on-year rise in its net profit and revenue for the September quarter, supported by higher iron ore sales. The company's quaterly net profit came broadly in line with market expectations, while revenue exceeded analysts' estimates.  

 

The company's net profit for Jul-Sept stood at INR 16.94 billion, up 34% on year but down 14% over the trailing quarter. The net profit was close to analysts' estimate of INR 16.97 billion for the quarter. The company reported revenue of INR 62.61 billion for the reporting quarter, up 30% on year but down nearly 6% on quarter. Analysts had expected the company to report a top line of INR 60.11 billion.

 

Of the total revenue, as much as INR 53.37 billion came from iron ore sales. This was up 12% on year. 

 

NMDC's total expenditure for the reporting quarter was INR 43.71 billion, up 26% on year. It's biggest expense – royalty expenses – for the quarter rose over 24% on year to INR 21.77 billion. The company had purchased stock in trade worth INR 4.31 billion. It had no stock in trade during the corresponding quarter of the previous year. NMDC's raw material consumption expenses dipped over 71% on year to INR 10 million in the reporting quarter. However, its tax expense registered growth of almost 38% at INR 5.76 billion for the September quarter. 

 

For Apr-Sept, the company reported a net profit of INR 36.63 billion, up almost 13% on year. Its revenue for the same period increased 27% to INR 128.95 billion. 

 

At 1455 IST, shares of the company were at INR 77.19 on the National Stock Exchange, up 3.4% from the previous close.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Avishek Dutta

 

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