NMDC Steel Ltd. posted a profitable quarter for the April-June period, according to an exchange filing on Tuesday.
The firm posted a bottom line of Rs 25.6 crore as compared to a loss of Rs 547 crore in the year-ago period, it said. Revenue from operations for the June quarter stood at Rs 3,365 crore, up over 19% from Rs 2,838 crore from the corresponding quarter of the last fiscal.
On the operating side, the company reported earnings before interest, taxes, depreciation, and amortisation worth Rs 408 crore, while margins stood at 12.1%.
NMDC Steel Q1 FY26 Highlights (Consolidated, QoQ)
Revenue up 18.6% to Rs 3,365 crore versus Rs 2,838 crore
Net profit of Rs 25.6 crore versus loss of Rs 547 crore
Ebitda at Rs 408 crore versus loss of Rs 291 crore
Margin at 12.1%
Shares of NMDC Steel closed 0.64% higher at Rs 35.85 apiece on the NSE, compared to a 0.4% fall in the benchmark Nifty. The stock has fallen 16.92% in the last 12 months and 34.26% on a year-to-date basis.
RECOMMENDED FOR YOU
POPULAR