Mumbai : 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% year-on-year to 4.21 MnT, up from 3.96 MnT in March FY24. This steady growth projects NMDC’s resilience despite all odds.
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% 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 ₹3,707 crores.
Commending all employees on a new beginning to FY26, Shri 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. Entering FY26 brings us one step closer to our ambitious goal of reaching 100 million tonnes of production capacity by 2030. We must continue to drive efforts to optimize productivity and streamline operations.”
