NMDC posts record Q1 iron ore production, strengthens outlook for 60 MT FY27 target
State-owned mining major NMDC has reported its highest-ever first-quarter iron ore production and sales since its inception, providing a strong start to FY27 and reinforcing its position as India’s largest iron ore producer.
The company produced 15.10 million tonnes (MT) of iron ore during the April-June quarter of FY27, registering a 26 per cent year-on-year increase. Iron ore sales stood at 11.75 MT, up 2 per cent compared with the corresponding period last year, driven by sustained domestic demand and improved operational performance across its mining complexes in Chhattisgarh and Karnataka.
NMDC also recorded its best-ever June performance, producing 5.15 MT of iron ore and selling 3.98 MT. The June figures represent year-on-year growth of 44 per cent in production and 11 per cent in sales, reflecting strong operational momentum.
Commenting on the performance, NMDC Chairman and Managing Director Amitava Mukherjee said India’s continued investments in infrastructure and manufacturing are supporting robust demand for iron ore, positioning the company to meet the country’s growing raw material requirements.
“Our strongest-ever first quarter reflects the resilience of our operations, the commitment of our employees, and the trust placed in us by the domestic steel industry. As we expand mining capacities, strengthen logistics and modernise our infrastructure, we are steadily advancing towards our long-term aspiration of becoming a global mining powerhouse,” Mukherjee said.
The company attributed its record quarterly performance to sustained domestic steel demand, operational efficiencies, and its ongoing efforts to enhance production capacity.
Backed by the government’s infrastructure push, NMDC is accelerating its capacity expansion plans through phased mine development, higher production from existing operations, and investments in modern logistics and evacuation infrastructure.
The company said these initiatives are expected to strengthen its production capabilities while ensuring a reliable supply of high-quality iron ore to the domestic steel sector. The strong first-quarter performance has put NMDC on track to achieve its FY27 production target of 60 MT.
The company is also pursuing its long-term goal of expanding annual production capacity to 100 MT, in line with India’s growing steel demand and infrastructure development plans.
