NMDC Steel (NSLNISP) Q2 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 25/26 earnings summary
29 Oct, 2025Executive summary
Revenue from operations for Q2 FY26 was ₹3,389.90 crore, up 122% year-over-year, with total income at ₹3,411.03 crore.
Net loss for the quarter was ₹114.78 crore, compared to a net profit of ₹25.56 crore in the previous quarter and a net loss of ₹595.37 crore in Q2 FY25.
The Board approved the unaudited results on 29th October 2025, with a limited review by statutory auditors confirming no material misstatements.
Financial highlights
EBITDA margin for the quarter was 6.74%, down from 12.71% in the previous quarter.
Net profit margin stood at -3.39% for Q2 FY26, compared to 0.76% in Q1 FY26.
EPS for the quarter was ₹(0.39), compared to ₹0.09 in the previous quarter.
Total expenses increased to ₹3,593.68 crore, up from ₹2,364.39 crore in Q2 FY25.
Outlook and guidance
Strategic disinvestment process is ongoing, with the government planning to divest 50.79% stake and offer an additional 10% to NMDC Ltd after a strategic buyer is identified.
Latest events from NMDC Steel
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