SSPL Securities Private Limited

Monday 04 Aug, 2025 03:02 PM

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NMDC gains as iron ore production jumps 42% YoY in July 2025

04-Aug-25 12:24 Hrs IST

While the company's iron ore sales jumped 13.07% to 3.46 MT in July 2025, compared to 3.06 MT posted in July 2024.

Iron ore production in the Chhattisgarh division surged 54.92% YoY to 1.89 MT in July 2025, while sales rose by 9.69% to 2.15 MT, compared to 1.96 MT in July 2024.

On the other hand, the Karnataka division saw a 26.32% YoY increase in production, reaching 1.20 MT in July 2025. Sales advanced 19.09% to 1.31 MT in July 2025, compared to 1.10 MT in July 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 a 7.9% rise in revenue from operations to Rs 7,004.59 crore in Q4 FY25 over Q4 FY24.

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