NMDC Steel Ltd's latest financial results for Q4 FY26 indicate a significant turnaround in the company's performance. The company reported a net profit of ₹391.91 crore, a notable shift from previous losses, marking a pivotal moment in its operational journey. This transition highlights the company's efforts to stabilize after facing operational challenges during FY25, particularly as it ramped up production capacity.
Revenue for the quarter reached ₹3,879 crore, reflecting a quarter-on-quarter growth of 28.97% and a year-on-year increase of 36.67%. This growth underscores both volume expansion and improved realization, suggesting that the company is effectively capitalizing on market conditions. The operating margin also reached a record high of 20.77%, a substantial improvement from the previous quarter's margin of 3.24% and a stark contrast to the negative margins reported in the same quarter last year....
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