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12 JUN 2026 FRIDAY
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NMDC’s earnings growth in FY27 hinges on hitting volume target in Commodity News 04/06/2026 NMDC reported consolidated revenue of ₹11,300 crore, including third-party value-added sales of ₹3,000 crore in Q4FY26 for NMDC Steel. This was via a temporary one-off hot-rolled (HR) coil trading arrangement to support working capital requirements at NMDC Steel. Revenue (excluding third-party sales) was ₹8,400 crore, up 20 per cent Y-o-Y and 22 per cent Q-o-Q, with better volumes. Iron ore production was 16.3 million tonnes (mt), up 22 per cent Y-o-Y and 11 per cent Q-o-Q, with sales of 15.3 mt, up 21 per cent Y-o-Y as well as Q-o-Q. The blended average selling price (ASP) was ₹5,488 per tonne (flat Y-o-Y), while iron ore ASP was ₹4,873 per tonne, down 3 per cent Y-o-Y and up 3 per cent Q-o-Q. Consolidated operating profit was ₹2,530 crore, up 24 per cent Y-o-Y and 25 per cent Q-o-Q, with earnings before interest, taxes, depreciation and amortisation (Ebitda) per tonne at ₹1,656, up 2 per cent Y-o-Y and 4 per cent Q-o-Q. Adjusted net profit was ₹1,950 crore, up 32 per cent Y-o-Y and 19 per cent Q-o-Q. Key receivables increased by ₹430 crore Q-o-Q to ₹9,430 crore. NMDC took price hikes of ₹500-600 per tonne in Q1FY27 to align with higher international and domestic prices. Source: Business Standard 2026-06-04 hellenicshippingnews... tweet Share
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news Hellenic Shipping News ·2026-06-04

NMDC’s earnings growth in FY27 hinges on hitting volume target

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