NMDC Share Price in Focus on Q3 FY26 Earnings Results: Announces Entry into Critical Minerals Production

NMDC Limited announced its unaudited consolidated financial results for the quarter ended December 31, 2025, highlighting revenue growth across periods, while profitability showed mixed trends on a quarterly and yearly basis. 

NMDC Q3 FY26 Earnings Results 

For Q3 FY26, NMDC reported revenue from operations of ₹7,610.79 crore, reflecting a 19.3% increase over ₹6,378.11 crore recorded in Q2 FY26. Profit before tax rose 5.1% quarter on quarter to ₹2,374.84 crore from ₹2,258.96 crore. Net profit for the quarter stood at ₹1,747.01 crore, up 3.8% from ₹1,682.65 crore in the previous quarter. 

Year on Year Comparison for Q3 FY26 Earnings Results 

On a year on year basis, revenue from operations increased 15.9% to ₹7,610.79 crore compared with ₹6,567.83 crore in Q3 FY25. However, profit before tax declined 8.1% from ₹2,583.85 crore to ₹2,374.84 crore. Net profit also fell 7.9% year on year to ₹1,747.01 crore from ₹1,896.66 crore. 

9M FY26 Financial Performance 

For the 9 month period ended December 31,2025, NMDC recorded revenue from operations of ₹20,727.76 crore, up 22.6% from ₹16,900.93 crore in the corresponding period last year. Profit before tax increased 6.9% to ₹7,276.63 crore, while net profit rose 6.8% to ₹5,397.12 crore. 

Read More: NMDC Eyes Canadian Coal Reserves to Drive Steel Growth! 

Board Decisions and Corporate Update 

During the board meeting held on February 3, 2026, NMDC approved the proposal to incorporate a wholly owned subsidiary for acquisition, exploration, and production of critical minerals. The proposal is subject to approvals from the Ministry of Steel, DIPAM, and other relevant authorities. The meeting commenced at 12:10 hrs IST and concluded at 13:55 hrs IST. 

NMDC Share Price Performance 

As of February 03, 2026, at 2:50 PM, NMDC share price on NSE was trading at ₹81.62 up by 0.22% from the previous closing price. 

Conclusion 

NMDC Q3 FY26 results show revenue growth across quarterly, yearly, and 9 month periods, while profitability declined on a year on year basis for the quarter, alongside a corporate decision to form a new wholly owned subsidiary. 

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