Revenue from operations fell marginally to 5,377.80 crore in the June quarter as compared with Rs 5,394.66 crore posted in Q1 FY24.
Profit before tax advanced 19.42% year on year (YoY) to Rs 2,628.57 crore in the quarter ended 30 June 2025.
EBITDA stood at Rs 2,725crore in the June quarter, registering a growth of 19.73% YoY. EBITDA margin improved to 51% in Q1 FY25, as compared to 42% reported in the corresponding quarter previous year.
The company’s revenue from iron ore business were at Rs 5,342.33 crore (up 0.35% YoY) while income from pellet ,other mineral and services came in at Rs 35.47 crore (down 50.01% YoY) during the period under review.
The PSU miner's iron ore production declined by 14.15% to 91.89 lakh tonnes (MT) Q1 FY25 as against 107.03 LT produced in Q1 FY24. Iron ore sales in the June quarter was at 100.73 LT, registering de-growth of 8.22% as compared to 109.75 LT recorded in the same period a year ago.
NMDC is India's single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines, two located in Chhattisgarh and one in Karnataka. As of June 2024, the Government of India held 60.79% stake in the firm.
Shares of NMDC slipped 2.18% to Rs 224.60 on the BSE.