NMDCNSENMDC Limited· MiningMediumNeutral
Announced Fri, 2 May · 13:57 IST

NMDC Limited has informed the Exchange regarding Monthly Business Updates for the month of April 2025

Business Updates View source PDF

NMDC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NMDC reported its provisional iron ore production and sales for April 2025. Total production rose to 4.00 million tonnes (MT), up about 15% from 3.48 MT in April 2024, driven by strong growth at the Chhattisgarh mines (2.85 MT vs 2.35 MT). Karnataka production was nearly flat at 1.15 MT vs 1.13 MT. Total sales grew modestly to 3.63 MT from 3.53 MT, a rise of roughly 2.8% year-on-year. Chhattisgarh sales rose to 2.82 MT while Karnataka sales were 0.81 MT. The data is provisional and submitted under SEBI Listing Regulations.

Likely market impact

Strong double-digit production growth, especially from Chhattisgarh, signals improved operational momentum, though the relatively flat sales growth may indicate inventory build-up. Investors should watch next few months to see if the higher production translates into stronger sales and pricing.