NMDC Steel (NSLNISP) Q4 24/25 earnings summary

Executive summary

• Audited standalone financial results for the quarter and year ended 31 March 2025 were approved, with commercial operations having commenced on 31 August 2023.

• The company reported a net loss of ₹2,373.78 crore for FY25, with revenue from operations at ₹8,503.05 crore.

• The statutory auditors issued an unmodified (clean) opinion on the financial statements.

• Shri K. Raj Shekhar was designated as Whole Time CFO and KMP until a new Whole Time Director (Finance) is appointed.

Financial highlights

• Revenue from operations for Q4 FY25 was ₹2,838.25 crore, up from ₹1,845.73 crore in Q4 FY24.

• Net loss for Q4 FY25 was ₹473.39 crore, compared to a net loss of ₹860.83 crore in Q4 FY24.

• Total expenses for FY25 were ₹11,896.28 crore, up from ₹5,369.07 crore in FY24.

• EPS for FY25 stood at ₹(8.10), compared to ₹(5.32) for FY24.

Outlook and guidance

• The company is subject to strategic disinvestment, with the government planning to divest its majority stake.

• No forward-looking financial guidance was provided.