NMDC Q3FY26 results: Net profit drops 8% to ₹1,747 crore as expenses rise
The company's total income, however, rose to ₹7,983.38 crore from ₹6,942.92 crore in the same quarter a year ago, posting a rise of about 15 per cent
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The company's total income, however, rose to ₹7,983.38 crore from ₹6,942.92 crore in the same quarter a year ago, posting a rise of about 15 per cent
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NMDC Ltd on Tuesday posted around 8 per cent fall year-on-year in consolidated net profit to ₹1,747.01 crore in the December quarter, impacted by higher expenses.
It had reported a net profit of ₹1,896.66 crore in the October-December period of preceding 2024-25 financial year, the company said in an exchange filing.
The company's total income, however, rose to ₹7,983.38 crore from ₹6,942.92 crore in the same quarter a year ago, posting a rise of about 15 per cent.
NMDC saw expenses rising to ₹5 608.54 crore from ₹4 359.07 Q3FY25.
The board also approved an interim dividend of ₹2.50 per equity share of face value of Re 1 each for the financial year 2025-26.
NMDC, under the Ministry of Steel, is India's largest iron ore producing entity.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Feb 03 2026 | 4:04 PM IST