NEW DELHI. The National Mineral Development Corporation (NMDC), the largest iron ore producer in India, delivered a stellar performance during the first nine months of the financial year. Notably, NMDC’s FY26 production reached record levels while showcasing robust growth in both volumes and financials. In January 2026 alone, the miner produced 5.56 Million Tonnes (MT) of iron ore. Consequently, this reflects a 9 per cent year-on-year increase. Furthermore, cumulative output for the year surged to 42.65 MT. Because of this trajectory, NMDC’s FY26 production represents an impressive 19 per cent growth compared to the previous period.
NMDC’s FY26 Production: Milestones
Moreover, the strong operational momentum translated into record-breaking financial results. Specifically, revenue for the nine-month period surged by 22 per cent to reach ₹20,381 crore. Similarly, Profit After Tax (PAT) rose 4 per cent to ₹5,401 crore. Since NMDC’s FY26 production remains on an upward curve, the company’s financial health is stronger than ever. In addition, the board declared an interim dividend of ₹2.50 per equity share. Therefore, this move rewards shareholders for the company’s sustained excellence.
On the other hand, the Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) expanded to ₹7,666 crore, which marks a 5 per cent growth. Thus, these figures place the corporation firmly on track to meet its annual targets. Furthermore, the leadership attributes this success to a combination of strategic focus and long-term vision. Meanwhile, the enterprise remains a cornerstone of India’s industrial supply chain. Additionally, it continues to set new benchmarks for efficiency in the domestic mining industry.
Portfolio Diversification and Sustainable Mineral Extraction
Another significant milestone this January included the inauguration of the Tokisud North Coal Mine in Jharkhand. Specifically, this represents the company’s first-ever coal mine. Consequently, this marks a major diversification of its mineral portfolio. While NMDC’s FY26 production continues to lead the iron ore sector, expansion into coal strengthens its market position. Thus, this strategic shift reinforces the company’s commitment to national energy security.
Meanwhile, the organisation continues to focus on responsible mining and sustainable growth. For instance, the company invests in modern technologies to improve safety and environmental standards. As it scales up operations, it also remains dedicated to the “Vikas” vision. Consequently, the record volumes achieved so far confirm the firm’s leadership position. Additionally, the market remains optimistic about the company’s ability to maintain this momentum.
In summary, NMDC’s FY26 production results demonstrate exceptional operational resilience. With a more diversified portfolio and strong financials, the company is well-positioned for future challenges. Therefore, the mining giant continues to drive India’s infrastructure and manufacturing sectors forward.
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