NMDC Limited has informed the Exchange regarding Monthly Business Updates for the month of May 2025 - Details of Production & Sales of Iron Ore (Provisional) for and upto May, 2025
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Awaiting price reaction for this filing.
NMDC reported a strong month-on-month performance in May 2025, with iron ore production of 4.43 million tonnes (MT), nearly double the 2.34 MT produced in May 2024, an increase of about 89%. Sales also rose to 4.34 MT from 2.82 MT in May 2024, up roughly 54%. Both operating regions contributed to the growth: Chhattisgarh production jumped to 3.06 MT (from 1.27 MT) and Karnataka production rose to 1.37 MT (from 1.07 MT). On a cumulative basis for FY26 (up to May 2025), production stood at 8.43 MT versus 5.82 MT in the same period last year, while cumulative sales reached 7.94 MT versus 6.35 MT. The figures are provisional and were disclosed under SEBI's listing regulations.
The sharp year-on-year jump in both production and sales points to healthy demand and strong operational output, which is positive for NMDC's revenue and earnings in the near term. Investors may view this as a supportive sign for the stock, though the numbers are provisional and could be revised in later filings.