NMDC Ltd Business Update: Iron ore production falls short by 2% at 44.04MT
Iron ore production in the Chhattisgarh division weakened by 42.09% YoY to 2.49 MT in March 2025, while sales declined 18.81% to 2.72 MT, compared to 3.35 MT in March 2024.
State-owned largest mineral producer, NMDC Ltd has announced the provisional business update of production and sales of the company for March 2024-March 2025. The iron ore production in March 2025 is standing at 3.55 MT against 4.86 MT of the corresponding month of the previous year. But on the other hand the iron ore’s sales surges 6.31% to 4.21 MT in March 2025, as compared to 3.96 MT in March 2024.
Iron ore production in the Chhattisgarh division weakened by 42.09% YoY to 2.49 MT in March 2025, while sales declined 18.81% to 2.72 MT, compared to 3.35 MT in March 2024.
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For the Karnataka division, the company witnessed a surge of 89.29% YoY in production, reaching 1.06 MT in March 2025. Sales surged 144.26% to 1.49 MT in March 2025, compared to 0.61 MT in March 2024.
Meanwhile, the cumulative production of the company for the year up to March 2025 reached 44.04 MT, reflecting a decline of 2.18% compared to the corresponding period of last year, while sales for the same period stood at 44.40 MT, with a marginal decrease of 0.18% compared to the previous year.
Shares of NMDC Ltd are trading higher by 0.072% at Rs 69.82.
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