NMDC Steel Limited has announced its un-audited financial results for the second quarter and half year ended September 30, 2026. The Board of Directors approved these results, which include a limited review report from the statutory auditors. The financial statements adhere to Indian Accounting Standards (Ind-AS) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
NMDC Steel Announces Q2 FY27 Financial Results
NMDC Steel Limited has officially released its un-audited financial results for the quarter and half year that concluded on September 30, 2026. This announcement follows the approval by the company’s Board of Directors during a meeting held on November 12, 2026.
Key Financial Highlights
The reported financial results are prepared in compliance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Accompanying the financial results is a Limited Review Report issued by the Statutory Auditors, providing assurance on the interim financial statements. The company has also submitted the required disclosures as per the prevailing regulations.
For the quarter ended September 30, 2026, NMDC Steel reported a Profit/(loss) for the period of ₹61.03 crore. This compares to a profit of ₹50.51 crore in the previous quarter and a loss of ₹114.78 crore in the same quarter of the previous year. Total income for the quarter stood at ₹3,792.88 crore.
For the half-year ended September 30, 2026, the company posted a Profit/(loss) for the period of ₹111.54 crore. The total income for the half-year was ₹7,497.61 crore.
Operational and Financial Data
The company’s statement of un-audited financial results provides a detailed breakdown of revenue from operations and other income, along with various expense categories such as cost of materials consumed, employee benefit expense, finance cost, depreciation, and other expenses. The results also include information on total comprehensive income, equity share capital, borrowings, net worth, and earnings per share (EPS).
The balance sheet as of September 30, 2026, shows total assets of ₹28,280.93 crore and total equity and liabilities of the same amount. Key assets include property, plant, and equipment, inventories, and cash and cash equivalents. Liabilities include borrowings and trade payables.
Cash Flow Statement
The cash flow statement for the half-year ended September 30, 2026, indicates net cash flow from operating activities of ₹162.04 crore. Investing activities resulted in a net cash outflow of ₹133.13 crore, while financing activities also showed a net cash outflow of ₹260.37 crore. The net change in cash and cash equivalents for the period was a positive ₹0.62 crore.
Notes to Financial Results
In the accompanying notes, NMDC Steel Limited has provided additional disclosures. These include details on the company’s engagement in the manufacturing of Iron and Steel Products as its sole reportable segment. The company also clarified that it does not have any subsidiary, joint venture, or associates as of September 30, 2026. Information regarding the Rupee Term Loan, Working Capital Limit, and GST audit proceedings has also been provided.
The company’s website, https://www.nsltd.in/en, also hosts this information.
Source: BSE
