NMDC's Q3 FY 2025-26 Quarterly Results
- 04 Feb 2026
Result Summary
- NMDC Ltd reported a 18.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 15.7%.
- Its expenses for the quarter were up by 25.7% QoQ and 29.9% YoY.
- The net profit increased 3.5% QoQ and decreased 7.4% YoY.
- The earnings per share (EPS) of NMDC Ltd stood at 2 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 8036.24 | 6761.43 | 6942.92 | 18.9% | 15.7% |
Total Expenses | 5661.40 | 4502.47 | 4359.07 | 25.7% | 29.9% |
Profit Before Tax | 2374.84 | 2258.96 | 2583.85 | 5.1% | -8.1% |
Tax | 627.69 | 576.03 | 686.86 | 9.0% | -8.6% |
Profit After Tax | 1757.29 | 1698.04 | 1898.62 | 3.5% | -7.4% |
Earnings Per Share | 2.00 | 1.93 | 2.14 | 3.6% | -6.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
NMDC Ltd, formerly known as National Mineral Development Corporation, is a prominent entity in the Indian mining industry. The company primarily focuses on the exploration and production of iron ore, which is a critical raw material for the steel industry. In addition to iron ore, NMDC Ltd is involved in the production of other minerals such as diamonds, magnesium, and copper. As a government-owned corporation, NMDC plays a significant role in India's mining sector, contributing to both domestic supply and export markets. Recent developments in the industry, such as fluctuations in global commodity prices and advancements in mining technology, may impact the company's operations. However, specific recent developments related to NMDC Ltd are not available in the provided data.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), NMDC Ltd reported a total income of ₹8036.24 crores, marking an 18.9% increase from the previous quarter (Q2FY26), where the total income was ₹6761.43 crores. This represents a robust growth trajectory over the quarter. Year-over-year, the total income increased by 15.7% from Q3FY25, when it was ₹6942.92 crores. This data underscores a consistent revenue growth pattern over the past year, reflecting the company's ability to enhance its income streams. Such growth could be attributed to increased sales, improved market conditions, or strategic operational enhancements.
Profitability
For Q3FY26, NMDC Ltd's Profit Before Tax (PBT) stood at ₹2374.84 crores, which is a growth of 5.1% from ₹2258.96 crores in Q2FY26. However, when compared to Q3FY25, there was a decline of 8.1% from ₹2583.85 crores. The taxation for Q3FY26 amounted to ₹627.69 crores, showing a 9.0% increase from the previous quarter's tax of ₹576.03 crores, and a decrease of 8.6% from ₹686.86 crores in Q3FY25. Profit After Tax (PAT) for Q3FY26 was ₹1757.29 crores, up by 3.5% from Q2FY26's ₹1698.04 crores, but down by 7.4% from ₹1898.62 crores in Q3FY25. The Earnings Per Share (EPS) for Q3FY26 was ₹2.00, reflecting a 3.6% increase from ₹1.93 in Q2FY26, but a 6.5% decrease from ₹2.14 in Q3FY25. These figures highlight a mixed trend in profitability with quarterly improvements but some annual declines.
Operating Metrics
The financial data provided does not include specific operating metrics such as production volumes, capacity utilization, or cost-efficiency measures. However, analysis of the total expenses indicates that NMDC Ltd recorded expenses of ₹5661.40 crores in Q3FY26, which is a 25.7% increase from ₹4502.47 crores in Q2FY26, and a 29.9% rise from ₹4359.07 crores in Q3FY25. This significant rise in expenses across both the quarter and year suggests increased operational costs, which could stem from various factors such as higher raw material costs, labor, or expanded operational activities. The financial ratios, such as P/E ratio and debt-to-equity ratio, are not directly calculable from the available data, hence are not included in this section.