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

Synopsis
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.