NMDC Steel (NSLNISP) Q4 25/26 earnings summary

Executive summary

• Audited financial results for the quarter and year ended 31st March 2026 were approved, with the Board meeting held on 29th May 2026.

• Statutory auditors issued an unmodified opinion on the annual results.

• The company is engaged solely in the manufacturing of iron and steel products.

Financial highlights

• Revenue from operations for the quarter ended 31-Dec-2025 was ₹3,007.69 crore, down from ₹3,389.90 crore in the previous quarter but up from ₹2,119.54 crore year-over-year.

• Net loss for the quarter was ₹243.97 crore, compared to a net loss of ₹114.78 crore in the previous quarter and ₹757.78 crore in the same quarter last year.

• For the nine months ended 31-Dec-2025, revenue was ₹9,762.81 crore and net loss was ₹333.19 crore.

• EPS for the quarter was ₹(0.83), compared to ₹(0.39) in the previous quarter and ₹(2.59) in the same quarter last year.

Outlook and guidance

• The company will continue to monitor the impact of new labour codes effective from 21st November 2025, with an increase in gratuity and leave liability of ₹17.80 crore already recognized.

• Strategic disinvestment process is ongoing, with the government planning to divest its 50.79% stake.