NMDC Steel Q1 Results: Company Swings Into Profit
3 Articles
3 Articles
NMDC Steel shares surge 17%, best day for investors in 18 months; firm posts first-ever quarterly profit
NMDC Steel delivers first-ever quarterly profit in Q1 FY26; shares rally 17% on sharp earnings rebound and operational ramp-up. Get more Markets News and Business News on Zee Business.
NMDC revenue registers 23% growth in June quarter
Amitava Mukherjee, NMDC CMD Team News Riveting Hyderabad, August 12 NMDC, India’s largest iron ore producer, today announced the financial results for the first quarter of the financial year (Q1 FY26) ended June 30, 2025. In the first quarter of FY26, the company produced 11.99 million tonne (MT), a significant increase of 30 per cent from 9.19MT and sold 11.52 MT with a 14 per cent year-on-year (y-o-y) growth from 10.07 in the Q1 FY25. With the…
NMDC Steel Q1 Results: Company Swings Into Profit
NMDC Steel Ltd. posted a profitable quarter for the April-June period, according to an exchange filing on Tuesday.The firm posted a bottom line of Rs 25.6 crore as compared to a loss of Rs 547 crore in the year-ago period, it said. Revenue from operations for the June quarter stood at Rs 3,365 crore, up over 19% from Rs 2,838 crore from the corresponding quarter of the last fiscal. On the operating side, the company reported earnings before inte…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium