Hyderabad, July 1, 2026: NMDC, India's largest iron ore producer and responsible miner, has commenced FY27 by recording its highest-ever first-quarter production and sales since inception, strengthening its position as the backbone of India's steel value chain.
NMDC Posts Highest-Ever Q1 Volumes, Builds Momentum For 60 MT Target
NMDC posted its best-ever Q1 performance in FY27, producing 15.10 MT and selling 11.75 MT of iron ore. Record June output and capacity expansion efforts support its 60 MT target and 100 MT vision.
The company produced 15.10 MT of iron ore during Q1 FY27, registering a 26% year-on-year growth, while sales stood at 11.75 MT, marking a 2% rise over CPLY. The record quarterly performance reflects sustained domestic demand, operational excellence across its mining complexes in Chhattisgarh and Karnataka and the company's continued focus on enhancing production capacities.
Adding further momentum to the quarter, NMDC recorded its highest-ever June performance with production of 5.15 MT and sales of 3.98 MT, registering an impressive 44% and 11% year-on-year increase, respectively.
Amitava Mukherjee, CMD, NMDC
Commenting on the performance, Shri Amitava Mukherjee, CMD, NMDC, said, "India's sustained investment in infrastructure and manufacturing continues to strengthen demand for iron ore, and NMDC is well positioned to meet this requirement with scale, efficiency and responsibility. Our strongest-ever first quarter reflects the resilience of our operations, commitment of our employees and trust placed in us by the domestic steel industry. As we expand mining capacities, strengthen logistics and modernise our infrastructure, we are steadily advancing towards our long-term aspiration of becoming a global mining powerhouse."
Driven by robust domestic steel demand and the government's infrastructure push, NMDC is accelerating its capacity expansion roadmap through the phased enhancement of its mining operations, strategic mine development and investments in modern evacuation infrastructure. These initiatives are steadily augmenting the company's production capabilities, keeping it firmly on course towards its ambitious 100 MT capacity vision, while ensuring a reliable and high-quality supply of iron ore to support India's long-term steel growth.
The record quarterly performance sets strong momentum for FY27, positioning NMDC to achieve its 60 MT production target while advancing steadily towards its long-term 100 MT vision.
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