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NMDC Q3 FY26 Net Profit Rises to ₹1,738 Crore

NMDC Q3 FY26 net profit

HYDERABAD. NMDC posted a robust Q3 FY26 performance with standalone PAT of ₹1,738 crore and PBT of ₹2,366 crore. Iron ore contributed over 80 percent of revenue. The Board declared an interim dividend of ₹2.50 per equity share and approved setting up a new subsidiary for critical minerals exploration.

Revenue from operations for the quarter stood at ₹7,486 crore, while profit before tax was recorded at ₹2,366 crore. Earnings per share for Q3 FY26 stood at ₹1.98. On a consolidated basis, NMDC reported a net profit of ₹1,757 crore.

Iron ore remained the primary growth driver, contributing ₹6,023 crore, or over 80 percent of total revenue, with a segment profit of ₹2,168 crore. The Pellet and Other Minerals segment also posted an improvement during the quarter.

As of December 31, 2025, NMDC reported standalone capital employed of ₹34,026 crore and total assets of ₹45,965 crore, reflecting a strong balance sheet.

The statutory auditor has highlighted certain contingent liabilities and recoverable dues, including outstanding receivables from NMDC Steel Ltd and RINL, as well as pending tax and legal matters. Management has expressed confidence in recovery and favorable resolution of these issues.

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