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As on : 02-Jun-2025
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02-Jun-2025     14:12

NMDC iron ore production jumps 89% YoY in May'25

While the company's iron ore sales increased 53.90% to 4.34 MT in May 2025, compared to 2.82 MT posted in May 2024.

Iron ore production in the Chhattisgarh division jumped 140.94% YoY to 3.06 MT in May 2025, while sales grew by 57.06% to 3.00 MT, compared to 1.91 MT in May 2024.

On the other hand, the Karnataka division saw a 28.03% YoY increase in production, reaching 1.37 MT in May 2025. Sales rose by 47.25% to 1.34 MT in May 2025, compared to 0.91 MT in May 2024.

NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power.

The company's consolidated net profit jumped 4.6% to Rs 1,477.68 crore on 7.9% rise in revenue from operations to Rs 7,004.59 crore in Q4 FY25 over Q4 FY24.

Shares of NMDC rose 0.25% to Rs 71.35 on the BSE.

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