In short: NMDC reports Q2 FY27 results on 12 November 2026. In Q1 FY27, revenue rose 0.8% to ₹6,795 crore from a year earlier and net profit rose 0.4% to ₹1,976 crore. Things to watch: iron ore volumes, 60 million tonne target and margin guidance.
What to watch in NMDC's Q2 FY27 results
- Iron ore volumes. NMDC's monthly filings show iron ore production of 4.06, 4.07 and 4.04 million tonnes in July, August and September, a total of 12.17 million tonnes against 10.21 million tonnes a year earlier. Sales were 3.40, 3.58 and 3.51 million tonnes, a total of 10.49 million tonnes against 10.73 million tonnes. The company describes the monthly figures as provisional.
- 60 million tonne target. On the 1 June earnings call, Chairman and Managing Director Amitava Mukherjee said NMDC's guidance for 2026-27 was 60 million tonnes of iron ore: about 58.5 million tonnes from its existing mines and about 1.5 million tonnes from the new Deposit 4 and Deposit 13 mines. NMDC's monthly filings put its production for April to September at 27.27 million tonnes, against 22.20 million tonnes a year earlier.
- Margin guidance. Amitava Mukherjee also said on the call that NMDC expected to keep its EBITDA (earnings before interest, tax, depreciation and amortisation) margin at around 42 to 43% in 2026-27. The company's June-quarter presentation showed a standalone EBITDA margin of 41%, against 42% a year earlier.
- New capacity. NMDC said on 27 September it had commissioned a 2 million tonnes per annum pellet plant at Nagarnar in Chhattisgarh. The plant is part of a ₹5,427 crore project that also includes an iron ore processing plant at Bacheli and a 135 km slurry pipeline. NMDC's June-quarter results note that initial mining at Deposit 13, held through its joint venture NMDC-CMDC, began on 23 July 2026.
NMDC Q1 FY27 results at a glance
- Revenue from operations was ₹6,795 crore, up 0.8% from a year earlier and down 40.1% from the previous quarter.
- Net profit was ₹1,976 crore, up 0.4% from a year earlier and down 2.5% from the previous quarter.
| Metric | Q1 FY27 | Q4 FY26 | Q1 FY26 | QoQ | YoY |
|---|---|---|---|---|---|
| Revenue (₹ crore) | 6,795 | 11,343 | 6,739 | −40.1% | +0.8% |
| Net profit (₹ crore) | 1,976 | 2,027 | 1,968 | −2.5% | +0.4% |
The March 2026 quarter included ₹2,947.31 crore of revenue from the hot-rolled coil and sheets segment, trading in NMDC Steel's coils that Chairman and Managing Director Amitava Mukherjee called a temporary measure on the 1 June call; the June 2026 quarter had none.
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NMDC Q2 FY27 results: questions
When will NMDC announce Q2 FY27 results?
NMDC Limited reports results for the quarter ended 30 September 2026 on 12 November 2026.
What were NMDC's results last quarter?
In Q1 FY27, revenue from operations was ₹6,795 crore (+0.8% YoY) and net profit was ₹1,976 crore (+0.4% YoY).
Other Q2 FY27 results
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- Tata Power Q2 FY27 results · 11 November 2026
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- Vodafone Idea Q2 FY27 results · 12 November 2026
- Tata Motors PV Q2 FY27 results · 13 November 2026
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- RVNL Q2 FY27 results · 12 November 2026
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- NMDC Q2 FY27 results · 12 November 2026
- IRCTC Q2 FY27 results · 12 November 2026
All Q2 FY27 results in one place
Sources
- NMDC: Q1 FY27 standalone and consolidated results, 14 August 2026
- NMDC: Q1 FY27 investor presentation, 14 August 2026
- NMDC: Q4 FY26 earnings call transcript, 3 June 2026
- NMDC: iron ore production and sales for July 2026, 1 August 2026
- NMDC: iron ore production and sales for August 2026, 1 September 2026
- NMDC: iron ore production and sales for September 2026, 1 October 2026
- NMDC: Nagarnar pellet plant commissioned, 27 September 2026
- NMDC: board meeting on 12 November 2026, 5 November 2026
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