Looking ahead to 2026, dividend-paying PSUs continue to be a dependable source of income for investors. Stocks like Coal India, NMDC, ONGC, REC, and Power Grid are expected to maintain attractive yields, supported by strong profitability and government backing. These PSUs are poised to remain key players in delivering shareholder value, reinforcing their importance in India’s economic landscape.

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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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