NMDC Steel Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported a total income of ₹3,026.42 crore for the quarter. Expenses totaled ₹3,290.23 crore, resulting in a loss before tax of ₹263.81 crore. Basic and diluted EPS stood at ₹(0.83) for the quarter.
Financial Performance Overview
NMDC Steel Limited has released its unaudited financial results for the third quarter (Q3) of fiscal year 2026. Key highlights from the report include:
- Total Income: Recorded at ₹3,026.42 crore for Q3.
- Expenses: Total expenses amounted to ₹3,290.23 crore.
- Loss Before Tax: Stood at ₹263.81 crore.
- EPS: Basic and diluted Earnings Per Share at ₹(0.83).
Additional Financial Details
Other noteworthy financial figures include:
- Revenue from Operations: Reported as ₹3,007.69 crore.
- Finance Cost: Amounted to ₹128.11 crore for the quarter.
- Depreciation and Amortization Expense: Recorded at ₹251.95 crore.
Update on Borrowings
The company had Rupee Term Loans from the State Bank of India, with the latest applicable interest rate at 8.45% p.a., effective from December 10, 2025, based on 3 months MCLR.
Other Key Updates
NMDC Steel confirmed that as of December 31, 2025, there were no outstanding Non-Convertible Debentures (NCDs) and related interest in their books.
The GST authorities concluded their audit for the period of July 2017 to March 2021, issuing orders related to inadmissible ITC. The company has addressed these orders through payments, reversals, and appeals as applicable, with NMDC Ltd handling matters pertaining to the pre-demerger period.
Source: BSE
