New Delhi: NMDC Limited, India’s state-owned iron ore producer, reported strong growth in iron ore production for October 2026, supported by improved output from its Chhattisgarh and Karnataka operations.
According to the company’s filing with the stock exchanges on November 2, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provisional iron ore production increased to 5.04 MT in October 2026 from 4.27 MT in October 2025.
Despite the improvement in production, the company’s monthly sales declined compared with the corresponding period last year.
NMDC October 2026 Iron Ore Production Rises 18%
NMDC recorded an 18% year-on-year increase in iron ore production during October 2026. Both its major operating regions, Chhattisgarh and Karnataka, contributed to the growth.
Production details from the two regions were as follows:
- Chhattisgarh: Production stood at 3.36 MT in October 2026, compared with 3.06 MT in October 2025.
- Karnataka: Production increased to 1.68 MT from 1.21 MT in the corresponding month last year.
The growth across both regions contributed to NMDC’s overall monthly production of 5.04 MT.
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NMDC Iron Ore Sales Decline 11.6% in October
While production recorded strong growth, NMDC’s iron ore sales declined during October 2026.
The company reported total sales of 3.44 MT in October 2026, compared with 3.89 MT in October 2025, registering a year-on-year decline of 11.6%.
The difference between production and sales indicates that production volumes exceeded dispatches during the month. This could reflect inventory accumulation or differences in the timing of dispatches.
NMDC October Production and Sales Comparison
- Production: 5.04 MT in October 2026, compared with 4.27 MT in October 2025, registering an 18% year-on-year increase.
- Sales: 3.44 MT in October 2026, compared with 3.89 MT in October 2025, recording an 11.6% year-on-year decline.
NMDC Cumulative Iron Ore Production Reaches 32.32 MT
NMDC also reported strong cumulative production growth up to October 2026.
The company’s cumulative iron ore production reached 32.32 MT, compared with 26.47 MT during the corresponding period last year. This represents a significant increase in output during the period.
However, cumulative sales remained slightly lower than the previous year’s level.
NMDC recorded cumulative iron ore sales of 25.67 MT up to October 2026, compared with 26.12 MT in the corresponding period up to October 2025.
The difference between cumulative production and sales indicates that production has outpaced dispatches during the period, with a larger volume of ore remaining unsold or awaiting future dispatch.
NMDC Production Growth Outpaces Sales Performance
NMDC’s October 2026 operational performance reflects a contrasting trend, with production increasing across its key mining regions while sales volumes declined.
The 18% rise in monthly production and higher cumulative output indicate strong mining activity. However, the decline in monthly and cumulative sales highlights the difference between extraction and dispatch performance.
The company’s production and sales figures will remain important indicators of its operational performance in the coming months.
About NMDC Limited
NMDC Limited is a Government of India-owned mining company under the Ministry of Steel. It is one of India’s largest iron ore producers, with mining operations in Chhattisgarh and Karnataka. The company is engaged in the exploration and production of iron ore and plays an important role in supplying raw materials to India’s steel industry.
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