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30/05/2026 21:40

NMDC Steel posts Q4 net profit of Rs 391.91 cr

The company reported standalone net profit during the quarter stood at Rs 391.91 crore compared to net loss of Rs 473.39 crore in the previous year quarter.

Net revenue of the company rose substantially by 36.67 per cent at Rs 3,879.00 crore in January-March quarter of this fiscal as against Rs 2,838.25 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 1.77 per cent to Rs 3,073.25 crore from Rs 3,128.78 crore in year ago period.

Other Income grew by 35.93 per cent at Rs 26.14 crore versus (Mar'25 Rs 19.23 crore).

Operating Profit surged by 377.34 per cent to Rs 805.75 crore as against Rs -290.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 302.83 per cent in March quarter.

Interest declined by 44.10 per cent y-o-y to Rs 96.42 crore, while Taxation increased by 149.33 per cent at Rs 94.19 crore (Mar'25 Rs -190.92 crore).