Iron ore production fell by 16 per cent to 4.14 million tonnes (MT) in April-May of 2015-16 fiscal from 4.94 MT during the same period in 2014-15, it said in a BSE filing.
While, sales of ore fell by 21 per cent to 4.54 MT from 5.74 MT during the reported period, it added.
The production of the company during 2014-15 touched a record at 30.44 MT as against 30.02 MT in 2013-14.
The firm plans to enhance production to a level of 35 MT in the current financial year.
NMDC is also planning to raise its capacity to 100 MT by 2024-2025.
Shares of the public sector undertaking today fell 4.48 per cent to settle at Rs 117.20 apiece at the BSE.
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