NMDC's iron ore production rose 19.9% to 5.31 MT in May, driven by higher output in Chhattisgarh, while overall sales fell 6.9%.

NMDC Steel shares surged nearly 18% to a 52-week high after reporting a significant turnaround in FY26 earnings. The company returned to profitability with a net profit of Rs…

The state-owned miner also achieved its best-ever Q4 iron ore production of 162.72 lakh tonnes (LT), up 22% year-on-year, and best-ever Q4 sales of 152.99 LT, a 21% increase

State-owned miner NMDC’s iron ore production in May rose almost 20% year on year to 5.31 million tonne, while sales declined.

NMDC's iron ore production rose 19.9% to 5.31 MT in May, driven by higher output in Chhattisgarh, while overall sales fell 6.9%.

NMDC raises iron ore prices by ₹200 for Baila Lump and ₹150 for Baila Fines, marking the third increase this fiscal year.