NMDC posts strong rise in March 2026 iron ore output and sales

NMDC Limited ( (IN:NMDC) ) just unveiled an update.

NMDC Limited reported provisional iron ore production and sales data for March 2026, showing significant year-on-year growth across its Chhattisgarh and Karnataka operations. Total iron ore production for March rose to 5.35 million tonnes from 3.55 million tonnes a year earlier, while sales increased to 5.90 million tonnes from 4.21 million tonnes, underscoring stronger operational performance.

On a cumulative basis for FY 2025-26 up to March, NMDC produced 53.15 million tonnes of iron ore versus 44.07 million tonnes in the previous year, with sales rising to 50.23 million tonnes from 44.40 million tonnes. The sustained increase in both output and offtake indicates improved capacity utilization and robust demand, reinforcing NMDC’s position as a key iron ore supplier to India’s steel sector and potentially supporting revenue and margin growth for the company and stability for downstream customers.

More about NMDC Limited

NMDC Limited is a state-owned Indian mining company primarily engaged in the exploration and production of iron ore. Operating key mines in Chhattisgarh and Karnataka, it supplies iron ore to domestic steel producers and plays a significant role in India’s raw material supply chain for the steel industry.

Average Trading Volume: 1,819,242

Technical Sentiment Signal: Buy

Current Market Cap: 670.6B INR

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