Did NMDC Achieve a 42% Increase in Iron Ore Production in July?

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Did NMDC Achieve a 42% Increase in Iron Ore Production in July?

Synopsis

NMDC has achieved remarkable growth in iron ore production, showcasing a robust increase in both output and sales in July. The company continues to expand, reflecting its commitment to enhancing performance in the mining sector. Discover the factors driving this success and what it means for the industry.

Key Takeaways

  • 42.4% increase in iron ore production in July.
  • Sales rose by 13.07% to 3.46 MT.
  • Chhattisgarh division production surged 54.92%.
  • Karnataka division production increased by 26.32%.
  • Record CAPEX of Rs 3,707 crore in FY25.

New Delhi, Aug 3 (NationPress) The public sector mining giant NMDC has reported an impressive 42.4 percent increase in iron ore production, reaching 3.09 million tonnes (MT) in July this year. This marks a significant rise from 2.17 MT produced in the same month last year.

The company’s iron ore sales also saw a rise of 13.07 percent, totaling 3.46 MT in July, compared to 3.06 MT during the same period last year.

In its Chhattisgarh division, iron ore production surged by 54.92 percent year-on-year, amounting to 1.89 MT for the month, with sales climbing 9.69 percent to 2.15 MT, compared to 1.96 MT in July 2024.

Meanwhile, the Karnataka division of NMDC experienced a 26.32 percent year-on-year growth in production, reaching 1.20 MT in July 2025. Sales increased by 19.09 percent to 1.31 MT, compared to 1.10 MT in July 2024.

NMDC is not only focused on iron ore but also engages in diamond production, the sale of sponge iron, and the generation and sale of wind power.

Financially, the company reported a 4.6 percent year-on-year rise in consolidated net profit to Rs 1,477.68 crore for the fourth quarter of FY25, supported by a 7.9 percent increase in operational revenue, totaling Rs 7,004.59 crore in the Jan-March quarter of FY25.

Furthermore, NMDC set a new production record in FY 2024-25, achieving a total output of 44.04 million tonnes and sales of 44.4 million tonnes. The company also reported its highest-ever Q4 sales, reaching 12.66 million tonnes since inception.

In a bid to expand, NMDC has recorded a historic standalone capital expenditure (CAPEX) of Rs 3,707 crore in FY25, emphasizing its commitment to enhancing capacity and infrastructure.

For Q4 FY25, production stood at 13.27 million tonnes, with sales seeing both sequential and annual improvements. Sales rose by 6 percent from Q3 FY25, and year-on-year, sales increased from 12.54 million tonnes in Q4 FY24 to 12.66 million tonnes.

The growing domestic demand for iron ore, combined with a decrease in exports and an upswing in merchant mining, has contributed to NMDC’s stable performance.

Point of View

It's critical to recognize NMDC's significant contributions to the mining sector. The company's ability to increase production and sales amid fluctuating market conditions underscores its resilience and strategic planning. This achievement should be viewed as a positive indicator not only for NMDC but for the broader mining industry in India.
NationPress
19/08/2025

Frequently Asked Questions

What percentage increase did NMDC achieve in iron ore production in July?
NMDC achieved a remarkable 42.4 percent increase in iron ore production in July.
What were NMDC's total iron ore sales in July?
NMDC's total iron ore sales in July amounted to 3.46 million tonnes.
How did NMDC's Chhattisgarh division perform in July 2025?
The Chhattisgarh division saw a 54.92 percent year-on-year increase in production, reaching 1.89 million tonnes.
What was NMDC's consolidated net profit for FY25?
NMDC reported a consolidated net profit of Rs 1,477.68 crore for FY25.
How much did NMDC invest in capital expenditure in FY25?
NMDC registered a record standalone capital expenditure of Rs 3,707 crore in FY25.