NMDC shares jump 2% after 23% YoY revenue growth, despite marginal PAT dip

August 13, 2025

NMDC shares experienced a rise of 2.5% following the announcement of robust first-quarter results for fiscal year 2026. Revenue saw a significant increase, driven by higher iron ore production and sales. While profit dipped slightly, operational performance was strong. The company holds substantial investments in various subsidiaries and joint ventures, both domestically and internationally.

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