NMDC Limited — Important, 01-02-2025: Monthly Business Updates

Provisional production and sales figures for iron ore report that for January 2025, total production reached 5.10 MT compared to 4.54 MT in January 2024, while sales recorded at 4.48 MT, slightly down from 4.56 MT in the same period last year. Cumulatively, NMDC produced 35.87 MT of iron ore from April to January 2025, a minor decline from 36.32 MT in the corresponding period of the previous fiscal year. Sales during this period also saw a decrease to 36.22 MT from 36.49 MT. The figures indicate a positive production trend, particularly in Chhattisgarh where production increased year-over-year, suggesting potential growth opportunities for the company amidst current market dynamics. Investors should watch closely for further developments in operational performance and capacity utilization.