Stock Report

NMDC Achieves 16% Growth in Iron Ore Production for April 2026

Posted On : 2026-05-03 19:09:32( TIMEZONE : IST )

NMDC Limited, India's premier iron ore producer, has commenced the 2026-27 financial year on a high note, reporting a 16% year-on-year increase in monthly production. According to provisional data released in a regulatory filing to the Stock Exchanges, the company produced a total of 4.64 Million Tonnes (MT) of iron ore in April 2026, compared to 4.00 MT during the same month last year.

The company's performance was bolstered by a significant ramp-up in its Chhattisgarh operations, which helped offset a slight contraction in output from its Karnataka mines.

Regional Production and Sales Performance

The Chhattisgarh sector emerged as the primary growth engine for the month, with production jumping to 3.66 MT, a robust increase from the 2.85 MT recorded in April 2025. This production surge was reflected in the sector's sales figures as well, which rose to 3.16 MT from 2.82 MT in the previous year.

In contrast, the Karnataka sector saw a moderate decline in activity. Production in the state stood at 0.98 MT for April 2026, down from 1.15 MT in the prior year. Similarly, sales from the Karnataka mines reached 0.52 MT, compared to 0.81 MT in the corresponding period of 2025.

Overall Sales and Market Position

On a consolidated basis, NMDC's total sales for April 2026 remained steady with a marginal upward trend, reaching 3.68 MT against 3.63 MT in the same month last year.

By securing a double-digit growth in production at the very start of the fiscal year, the Navratna public sector undertaking has set a positive trajectory for its quarterly performance targets.

Shares of NMDC Limited was last trading in BSE at Rs. 90.33 as compared to the previous close of Rs. 91.77. The total number of shares traded during the day was 1158587 in over 9163 trades.

The stock hit an intraday high of Rs. 92.09 and intraday low of 89.80. The net turnover during the day was Rs. 104785899.00.