As per attachment.
NSLNISP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NMDC Steel Limited reported audited financial results for Q4 and FY ended March 2026, with the Board declaring an unmodified audit opinion from Sharad & Associates. For the nine months ended December 2025, revenue grew 72% to Rs 9,762.81 Cr from Rs 5,664.80 Cr in the same period last year. However, the company continues to incur losses, with a net loss of Rs 333.19 Cr for 9M FY26 compared to a loss of Rs 1,900.40 Cr in 9M FY25. Operating margin improved significantly from negative 25.52% to positive 7.91%. Borrowings decreased from Rs 6,376.97 Cr to Rs 4,802.62 Cr, and there are no defaults in loan repayments. The company has an outstanding GST dispute of Rs 111.10 Cr pending litigation.
While revenue growth and loss reduction indicate operational improvement, the company remains loss-making which raises going concern concerns for shareholders. The reduced borrowings and improved operating margins are positive signs but sustained profitability is needed.