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

Production and sales data for NMDC's iron ore operations in December 2024 indicate a slight increase year-on-year. In December 2024, total production reached 4.71 million tonnes (MT) compared to 4.48 MT in December 2023. Total sales during the same period were 3.91 MT, up from 4.19 MT in the previous year.

Cumulatively, from April to December 2024, NMDC produced 30.77 MT of iron ore, down from 31.78 MT in the previous year. Sales figures for the same period reflect a decrease from 31.94 MT in 2023 to 31.80 MT in 2024. The data highlights challenges in maintaining sales numbers despite a slight uptick in production. Investors should watch closely for how these trends may impact future performance and revenue projections.