NMDC Reports Strong Production Growth for June 2026; Q1 Output Climbs to 15.10 MT

State-owned mining giant NMDC Limited has announced its provisional production and sales performance for June 2026 and the first quarter of the financial year 2026-27 (Q1 FY27). India's largest iron ore producer registered a powerful 44.2% year-on-year (YoY) surge in monthly production, driven by heightened operational activity at its mining complexes.

Sharp Surge in June 2026 Operations

NMDC's total iron ore production for the month of June 2026 reached 5.15 Million Tonnes (MT), compared to 3.57 MT in June 2025. Total monthly sales also witnessed an upward trajectory, growing 11.1% YoY to finish at 3.98 MT against 3.58 MT in the previous year's comparative period.

A sector-wise breakdown reveals that Chhattisgarh continues to act as the primary operational anchor for the group:

Chhattisgarh Sector: Monthly production jumped significantly by 57% to land at 3.58 MT (vs. 2.28 MT in June 2025). Monthly sales tracking out of the state kept pace, rising to 2.79 MT from 2.34 MT last year.

Karnataka Sector: The company's southern mines recorded a steady 1.57 MT in output for June 2026, up from 1.29 MT in June 2025. Total dispatches and sales from the state closed at 1.19 MT compared to 1.24 MT in the previous June.

Q1 FY27 Cumulative Performance Review (Upto June 2026)

The strong close to the month pushed NMDC's cumulative output for the first quarter of the fiscal year to 15.10 MT, representing a healthy 25.9% expansion over the 11.99 MT produced during Q1 FY26. Total cumulative sales for the three-month period stood steady at 11.75 MT, marking a slight increase over the 11.51 MT achieved by this point in the prior financial year.

Operational Insight: The cumulative quarterly metrics showcase a stark variance between the two states. While the Chhattisgarh sector achieved double-digit expansions in both production (+37.2%) and off-take (+14.2%), the Karnataka segment observed a minor volume contraction in its sales pipeline-dropping to 2.46 MT from 3.38 MT-even as mine output remained steady at 3.87 MT.

Shares of NMDC Limited was last trading in BSE at Rs. 84.40 as compared to the previous close of Rs. 85.14. The total number of shares traded during the day was 6339481 in over 3350 trades.

The stock hit an intraday high of Rs. 85.93 and intraday low of 83.55. The net turnover during the day was Rs. 535049162.00.

Source : Equity Bulls

Keywords

NMDC INE584A01023 Mining Q1FY27 Production SalesPerformance June2026