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Informist, Thursday, Jan. 1, 2026

 

--Source: NMDC Apr-Dec iron ore sales up 9.7% YoY at 34.9 mln tn

--Source: NMDC Apr-Dec iron ore output up 19.8% YoY at 36.9 mln tn

--Source: NMDC Dec iron ore sales up 18.7% YoY at 4.6 mln tn

--Source: NMDC Dec iron ore output up 15% YoY at 5.4 mln tn

 

By Narayana Krishna

 

HYDERABAD – Public sector mining major NMDC Ltd. recorded 19% on-year growth in its iron ore sales in December at 4.6 million tonnes, a source told Informist. The company's iron ore output for the month was up 15% on year at 5.4 million tonnes. Robust offtake from domestic steel mills and favourable logistics helped the company achieve healthy growth in sales, the source said.

 

Subsequently, NMDC confirmed the production and sales numbers for December in an exchange filing.

 

On a cumulative basis, NMDC's iron ore sales in Apr-Dec rose 9.7% on year to 34.9 million tonnes, and the output was up 19.8% on year at 36.9 million tonnes. NMDC has set an ambitious target of 55 million tonnes of iron ore sales for 2025-26 (Apr-Mar).

 

For the quarter ended September, NMDC reported a net profit of INR 16.94 billion on revenue of INR 60.11 billion. At 1513 IST, shares of the company were at INR 83.57 on the National Stock Exchange, up 0.5% from the previous close.  End

 

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

 

Reported by Narayana Krishna

Edited by Avishek Dutta

 

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