NMDC dawns on a new fiscal, conquering March with record Q4 sales

The company achieved its highest-ever Q4 sales performance since inception, with sales rising to 12.66 MnT.

Hyderabad: NMDC Limited, India’s largest iron ore producer and a state-owned mining giant, has successfully achieved the 44.04 MnT production and 44.4 MnT sales milestone in the fiscal year ending March 2025.

The company achieved its highest-ever Q4 sales performance since inception, with sales rising to 12.66 MnT.

---

In March 2025, NMDC’s production stood at 3.55 MnT, while sales rose 6 per cent year-on-year to 4.21 MnT, up from 3.96 MnT in March FY24.

In the year ending quarter, NMDC showed a stable growth trajectory, reporting a production of 13.27 MnT in Q4 FY25. Sales witnessed a 6 per cent sequential increase from the December quarter (Q3 FY25) and also showed a year-on-year improvement, rising from 12.54 MnT in Q4 FY24 to 12.66 MnT in Q4 FY25.

Additionally, demonstrating strategic foresight and a strong commitment to capacity expansion, NMDC recorded its highest-ever standalone CAPEX of Rs. 3,707 crores.

Amitava Mukherjee, CMD, NMDC said, “As we step into the new financial year, India’s iron ore demand continues to rise, driven by lower exports and steady expansion in merchant mining. Despite challenges, NMDC’s strategic planning and sustained efforts enabled us to maintain our top line in FY 2024-25.”