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NMDC Steel (NSLNISP) investor relations material
NMDC Steel Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported a net loss of ₹243.97 crore for Q3 FY26, compared to a net loss of ₹757.78 crore in Q3 FY25, showing a reduction in losses year-over-year.
Revenue from operations for Q3 FY26 was ₹3,007.69 crore, up from ₹2,119.54 crore in Q3 FY25, indicating significant top-line growth.
Nine-month revenue reached ₹9,762.81 crore, with a net loss of ₹333.19 crore, compared to a net loss of ₹1,900.40 crore in the prior year period.
Financial highlights
Total income for Q3 FY26 was ₹3,026.42 crore, up from ₹2,137.88 crore in Q3 FY25.
Total expenses for Q3 FY26 were ₹3,290.23 crore, compared to ₹3,194.35 crore in Q3 FY25.
EPS for Q3 FY26 stood at ₹(0.83), improving from ₹(2.59) in Q3 FY25.
Net worth as of 31 Dec 2025 was ₹12,781.29 crore.
Outlook and guidance
Strategic disinvestment process ongoing, with the government planning to divest 50.79% stake and offer an additional 10% to NMDC Ltd after a strategic buyer is identified.
Company will continue to monitor the impact of new labour codes and reassess employee benefit liabilities as rules are notified.
- Q3 FY25 revenue grew, but losses widened; debt-equity rose and asset cover remains robust.NSLNISP
Q3 24/2524 Nov 2025 - Revenue surged, but higher costs led to a net loss and margins remained under pressure.NSLNISP
Q2 25/2629 Oct 2025 - Q1 FY25 revenue increased and net loss narrowed, with stable leverage and strong asset cover.NSLNISP
Q1 24/255 Sep 2025 - Q2 FY25 saw continued losses, negative margins, and tight liquidity amid ongoing disinvestment.NSLNISP
Q2 24/255 Sep 2025 - FY25 revenue reached ₹8,503.05 crore with a net loss of ₹2,373.78 crore; asset cover is robust.NSLNISP
Q4 24/255 Sep 2025 - Revenue surged 66% YoY with a return to profit and strong asset cover for NCDs.NSLNISP
Q1 25/265 Sep 2025
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Next NMDC Steel earnings date
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