Revenue Growth and Operating Performance
NMDC Steel reported a substantial increase in net sales from ₹3,048.99 crores in March 2024 to ₹8,503.05 crores in March 2025, signalling a strong top-line expansion. However, this surge in revenue has not translated into profitability. The company’s operating profit before depreciation and interest (PBDIT) remained negative, with losses widening from ₹1,317.63 crores in March 2024 to ₹1,716.74 crores in March 2025. The operating profit margin, excluding other income, improved slightly but stayed deeply negative at -21.03% in the latest fiscal year, compared to -47.12% the previous year.
Raw material costs, a significant expense for the steel sector, escalated sharply to ₹7,256.45 crores in March 2025 from ₹3,841.95 crores a yea...
Read More












