NMDC Steel Ltd

NMDC Steel Q3 FY26: Revenue Up 42% 📊, Losses Narrow

• Q3 FY26 revenue: ₹3,007.69 crore (vs. ₹2,119.54 crore in Q3 FY25)

• Q3 FY26 net loss: ₹243.97 crore (vs. loss of ₹757.78 crore in Q3 FY25)

• Nine-month revenue (ended Dec 2025): ₹9,762.81 crore

• Nine-month net loss: ₹333.19 crore

• Borrowings decreased to ₹4,802.62 crore (from ₹6,376.97 crore a year earlier)

• Debt-equity ratio: 0.38

• Non-Convertible Debentures fully repaid

• Interest rates on term loans and working capital revised downward to 8.45% p.a.