New Delhi: NMDC reported its highest-ever output of 53 MT in FY 2025-26, becoming the first company in India to cross the 50 MT annual production mark.
The NMDC output reflected a 21% increase in production and a 13% rise in sales during the year. Therefore, it marked the company’s strongest performance since inception.
In March 2026, the company produced 5.35 MT and sold 5.90 MT of iron ore. As a result, monthly production rose by 51% and sales increased by 40% compared to the same period last year.
Officials said the growth was driven by strong performance at key mines. These included Kirandul and Bacheli in Chhattisgarh and Donimalai in Karnataka.
The company also expanded operations during the year. It opened an international office in Dubai and operationalised its first coal mine in Jharkhand.
NMDC output boosted by expansion and mining projects
NMDC commissioned Deposit 4 at Bailadila in Chhattisgarh to enhance production capacity. In addition, it strengthened its diversification strategy through new projects.
Chairman and Managing Director Amitava Mukherjee said crossing 50 MT marked a major milestone for the company. He added that rising steel demand would drive further growth.
He said NMDC remained prepared to support infrastructure expansion and industrial demand. Moreover, he noted that recent developments had set the pace for FY 2026-27.
Officials said NMDC’s iron ore supported major steel producers across India. Therefore, the company played a key role in infrastructure and manufacturing growth.
The company aims to expand its production capacity to over 100 MT by 2030. Meanwhile, it aligned its plans with the national vision of long-term economic development.