FINANCE

NMDC Achieves Record-Breaking Production and Sales in Q1

Mumbai: NMDC Limited, India’s largest iron ore producer, has reported its highest-ever June month production and sales. The company produced 3.57 MnT of iron ore in June 2025, a 5% growth over June 2024, and achieved record sales of 3.58 MnT.

Key Highlights:

  • NMDC’s cumulative production in Q1 FY26 reached 11.99 MnT, a 31% increase over Q1 FY25.
  • Sales increased to 11.51 MnT from 10.07 MnT, marking a strong 14% year-on-year growth.

Global Expansion:

NMDC has recently opened a new international office in Dubai, UAE, to strengthen its global presence and track developments in the mineral sectors across the MENA region, Africa, and Australia. This move is expected to enable real-time insights, faster decision-making, and deeper engagement with international mining partners.

Amitava Mukherjee, CMD, said, “Our performance this quarter reaffirms the strength of our strategy and our unwavering commitment to growth. We are steadily advancing towards our vision of achieving annual targets through a balanced approach.”

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