NMDC Limited has set a new benchmark in FY 2024-25, achieving a total production of 44.04 million tonnes (MnT) and sales of 44.4 MnT. The company also recorded its best-ever Q4 sales, reaching 12.66 MnT, the highest since its inception.
In March 2025, NMDC produced 3.55 MnT, while sales rose by 6% year-on-year, increasing from 3.96 MnT in March FY24 to 4.21 MnT. This consistent growth highlights the company’s ability to navigate industry challenges effectively.
Strengthening its expansion plans, NMDC registered a record standalone capital expenditure (CAPEX) of ₹3,707 crores in FY25, underlining its investment in capacity building and infrastructure projects.
For Q4 FY25, production was reported at 13.27 MnT, with sales improving both sequentially and annually. Compared to Q3 FY25, sales increased by 6%, while year-on-year sales rose from 12.54 MnT in Q4 FY24 to 12.66 MnT.
CMD Amitava Mukherjee emphasized that rising domestic iron ore demand, supported by reduced exports and merchant mining growth, contributed to NMDC’s stability. He reiterated that the company remains focused on enhancing productivity and operational efficiency, aiming for 100 MnT production capacity by 2030.
