NMDC Steel (NSLNISP) Q2 26/27 earnings summary

Executive summary

• Q2 FY27 revenue from operations was ₹3,764.37 crore and net profit was ₹61.03 crore, versus a ₹114.78 crore net loss in Q2 FY26.

• H1 FY27 revenue was ₹7,426.21 crore and net profit ₹111.54 crore, compared with a ₹89.22 crore net loss in H1 FY26.

Financial highlights

• Q2 FY27 total income was ₹3,792.88 crore; total expenses were ₹3,690.16 crore, versus ₹3,411.03 crore and ₹3,593.68 crore, respectively, in Q2 FY26.

• Q2 FY27 profit before tax was ₹102.72 crore, versus a ₹182.65 crore loss in Q2 FY26; tax expense was ₹41.69 crore versus a ₹67.87 crore tax credit.

• H1 FY27 total income was ₹7,497.61 crore and total expenses ₹7,320.94 crore; H1 FY26 figures were ₹6,796.25 crore and ₹6,942.76 crore.

• H1 FY27 operating cash flow was ₹162.04 crore, versus ₹847.40 crore in H1 FY26; investing cash outflow was ₹133.13 crore versus inflow of ₹99.57 crore.

Segment performance

• Iron and steel products are the sole reportable segment and primary revenue source; segment-wise reporting is not applicable.