NMDC Q2 FY26 profit rises 33% as revenue grows 30%; auditors flag tax risk

Emphasis Of MatterRevenue Growth 20pctPat Growth 25pctResults RestatedContingent Liabilities IncreasedResults View source PDF Explain this filing

NMDC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.7%Reaction day

₹74.61

prior close

₹77.18

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.6%+2.2% vs market

Industrial Minerals peers, median of 12sector+0.6%+2.1% vs sector

On the reaction day the stock moved 2.2 pts more than Nifty Midcap 150 and 2.1 pts more than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.2

15m

+0.2

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.7+0.6+2.2+0.6+2.1

Next day

+1.8+0.4+1.4+0.7+1.1

+1.5-0.1+1.5+0.0+1.4

+1.8+0.7+1.1+0.8+1.0

-0.4+0.3-0.7-0.3-0.1

-1.9-0.6-1.3-2.1+0.2

+0.8+0.3+0.5-1.7+2.5

15d

-0.3+1.6-1.8-8.0+7.7

+1.1+1.4-0.3-8.6+9.7

+8.6+0.2+8.4-1.5+10.1

+13.4-2.6+16.0-14.3+27.7

UpDownMarket · Nifty Midcap 150Sector · Industrial Minerals peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Standalone revenue rose 30% to Rs 6,260.85 crore in the quarter ended September 2025 and net profit rose 33% to Rs 1,694.42 crore; EPS was Rs 1.93. Half-year revenue grew 27% to Rs 12,895.01 crore, profit 13% to Rs 3,663.04 crore and operating cash flow was Rs 3,014.64 crore. Auditors highlighted a possible Rs 14,748.72 crore Karnataka mineral tax and other pending claims without changing their conclusion.

Likely market impact

Profit and sales growth is positive for the stock, but the huge pending tax and penalty claims create risk if recovery or legal relief fails.