NMDC Steel Reports FY26 Profit of ₹58.72 Crore, Revenue at ₹13,641.81 Crore
NMDC Steel reported a profit of ₹58.72 crore for FY26, a turnaround from a loss of ₹2,373.78 crore in FY25. Annual revenue reached ₹13,641.81 crore. Q4 FY26 saw a profit of ₹391.91 crore versus a loss of ₹473.39 crore in Q4 FY25. Net worth stood at ₹13,173.20 crore.
The financial results indicate a strong recovery and improved performance, which will significantly impact investor perception and the company's financial standing.
The company has reported a significant turnaround from a substantial loss in the previous financial year to a profit for the current financial year, along with a considerable increase in revenue.
NMDC Steel Limited announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a profit of ₹58.72 crore for the full financial year, a significant improvement from a loss of ₹2,373.78 crore in the previous year. Revenue from operations for the fiscal year stood at ₹13,641.81 crore, up from ₹8,503.05 crore in FY25.
For the fourth quarter ended March 31, 2026, the company posted a profit of ₹391.91 crore, compared to a loss of ₹473.39 crore in the same quarter last year. Revenue from operations for the quarter was ₹3,879.00 crore.
The Board of Directors approved these audited financial results during their meeting held on May 29, 2026. The company also provided key financial ratios, including a debt-equity ratio of 0.35 and an interest service coverage ratio of 1.16 for the full year. The company's net worth as of March 31, 2026, was ₹13,173.20 crore.
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See the model portfoliosA plain-language summary of a public exchange filing by NMDC Steel Limited. Read the original for the full detail.