New Delhi: Public sector mining major NMDC recorded a robust 33 per cent increase in net profit at Rs 1,694 crore in the second quarter (July-September) of the current financial year, amid a strong domestic steel demand and resilient mining operations, according to an official statement issued on Thursday.
The company’s turnover for the second quarter surged 30 per cent to Rs. 6,261 crore while the profit before tax jumped 35 per cent to Rs. 2,271 crore. The government-owned mining company also recorded a 32 per cent rise in its EBITDA (earnings before interest, tax, depreciation and amortisation) to Rs. 2,385 crore during the quarter.
The company recorded an all-time high production and sales volumes during the quarter in Q2 FY26, with the output at 10.21 million tonnes, up 23 per cent

The Hans India

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