NMDC logs record 53.15 MT iron ore output in FY26, sales 50.23 MT Business News & Hub

India’s largest iron ore producer NMDC reported record 53.15 million tonne output of the key raw material for steel in FY26. Sales touched 50.23 MT.

Production was 21% higher compared to previous fiscal’s 44.07 MT, while sales rose 13% from 44.40 MT in 2024-25. Major iron ore mines – Kirandul and Bacheli in Chhattisgarh and Donimalai in Karnataka – contributed to the record output by registering their best ever performance.

NMDC has become the first company in the country’s mining history to surpass the 50 MT annual production mark. The achievement symbolises growing strength and momentum of India’s mineral sector, the company said. The previous highest production in a fiscal for the company was 45.2 MT that came in 2023-2024.

“Crossing 50 million tonnes is not just a production milestone for NMDC, it is a moment of pride for us and India’s mining sector,” CMD Amitava Mukherjee said.

NMDC CMD Amitava Mukherjee
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Arrangement

For March 2026, the company clocked 5.35 MT (3.55 MT) iron ore production and 5.90 MT (4.21 MT) sales.

Mr.Mukherjee said as the country’s steel demand surges on the back of a rapid infrastructure growth, “NMDC stands ready – stronger, larger and more future-focused than ever. 2026 has set our spirits high with a new coal mine in Jharkhand, a new iron ore mine in Bailadila and this record output. We have set a decisive pace for FY27.” During the fiscal ended March 31, the company also opened an international office in Dubai.

NMDC is augmenting capacities to meet rising steel demand, specifically more than 100 MT iron ore production capacity by 2030 through new mining projects, capacity enhancements and infrastructure development. said it is augmenting capacities to meet rising steel demand and enable sustained economic growth.