NMDC Q4 FY25 Financial Results: Net Profit Rises 5% YoY to ₹1,483 Crore; Revenue Up 8%
NMDC, a state-owned mining company, announced a 5% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY25, totaling ₹1,483.18 crore. This is an increase from ₹1,415.62 crore in the fourth quarter of FY24.
The company’s total income for the quarter increased by about 9% to ₹7,497.17 crore, up from ₹6,908.37 crore in the same time last year. The Economic Times
“NMDC corporate office in Hyderabad, symbolizing India’s leading iron ore producer.”
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Revenue Breakdown:
Iron ore sales totaled ₹6,350.49 crore
Pellets and Other Minerals: ₹662.07 crore.
In FY25, NMDC’s iron ore output reached 45.02 million tonnes (MT), while sales totaled 44.48 MT, representing a 10% and 16% growth, respectively, over FY24. This result highlights NMDC’s substantial significance in India’s iron ore sector, accounting for nearly 16% of total iron ore output.
Dividend Announcement:
The Board of Directors has proposed a final dividend of ₹1 per share, subject to shareholder approval.
An interim dividend of ₹2.30 per share for FY25 has already been paid.
NMDC CMD Amitava Mukherjee discussing company’s 100 MTPA expansion goal at a press conference.”
Management Outlook:
Amitava Mukherjee, Chairman and Managing Director of NMDC, stressed the company’s commitment to sustained expansion, with a target production capacity of 100 million tonnes per annum (MTPA) by 2030-31.
This strategic goal corresponds with NMDC’s vision of increasing its market share and significantly contributing to the domestic iron ore supply.
Challenges and Factors to Consider
Despite its strong financial results, NMDC faces obstacles, including a retrospective fee levied by the Karnataka government, according to the company’s auditor. While the specifics of the charge were not published, it demonstrates the regulatory complications that can have an impact on operations.
NMDC CMD Amitava Mukherjee discussing company’s 100 MTPA expansion goal at a press conference.”
Conclusion:
NMDC’s Q4 FY25 results reflect a solid financial performance, driven by increased iron ore production and sales.
The company’s strategic initiatives and commitment to growth position it well for future success in the competitive mining sector.