India’s largest iron ore miner NMDC Ltd on Tuesday (August 12) reported a revenue surge of 24.5% in the first quarter of FY26 to ₹6,739 crore against ₹5,414 crore in Q1FY25, beating estimates. The CNBC-TV18 poll had predicted a revenue of ₹6,575 crore for the quarter under review.
Net profit for the quarter ended June 30, 2025, edged up 0.20% year-on-year (YoY) to ₹1,968 crore against ₹1,964 crore. This was higher than the poll’s predicted profit of ₹1,899 crore.
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At the operating level, EBITDA was up 5.9% to ₹2,478 crore versus ₹2,340 crore year-on-year, topping the poll’s estimate of ₹2,315 crore. While the first quarter’s EBITDA margin shrank considerably to 36.8% against 43.2% in the same period a year ago, it beat the estimated 35.2%.
The results came after the close of the market hours. Shares of NMDC Ltd ended at ₹70.90, up by ₹0.25 or 0.35%, on the BSE today (August 12).
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