New Delhi: State-owned NMDC Ltd has reported a record 31% increase in iron ore production, reaching 11.99 million tonnes (MT) in the April–June quarter (Q1) of FY 2025–26, up from 9.19 MT during the same period last year, the company announced on Wednesday.
Sales volumes also saw strong growth, rising 14% year-on-year to 11.51 MT, compared to 10.07 MT in Q1 FY25.
June Performance Breaks Records
In June 2025 alone, NMDC produced 3.57 MT of iron ore, reflecting a 5% growth over June 2024. It also posted its highest-ever monthly sales, reaching 3.58 MT.
The company noted that this marked its highest June production since inception, signaling robust operational momentum and demand.
Read Also: NMDC Eyes Global Expansion into Critical Minerals, Shortlists Key Assets Across Continents
CMD Comments on Strategic Growth
NMDC Chairman and Managing Director Amitava Mukherjee commented:
“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. With resilience at our core and innovation as our lever, NMDC is well-positioned to lead the next phase of India’s mining and steel journey.”
Key Contributor to India’s Iron Ore Supply
Based in Hyderabad, NMDC operates under the Ministry of Steel and contributes approximately 17–20% of India’s total iron ore production.
About NMDC
NMDC is a Navratna public sector company under the Ministry of Steel. Based in Hyderabad, it leads India’s iron ore output and operates diamond and magnetite mines. The company is targeting an increase in iron ore production to 55 million tonnes in FY 26 and 100 million tonnes by 2030. NMDC is now diversifying into critical minerals like lithium, copper, cobalt, and coking coal.
Read Also: NMDC Slashes Iron Ore Prices by Up to Rs 600 per Tonne Amid Weak Market Demand
