NMDC Energy specializes in harnessing the power of innovation to address the energy sector’s evolving needs. Combining technical insight with vast capacity, our specialist team provide complete EPC solutions to both onshore and offshore oil and gas, as well as the wider energy industry. About the Company NMDC Limited ( NMDC ) is an India-based iron ore producer and exporter. The Company operates in two business segments: iron ore and other minerals and services. The National Mineral Development Corporation ( NMDC ) ,established in 1958, is a state-owned enterprise controlled by the Indian Ministry of Steel (60.79%). It is India's largest iron ore supplier and one of the lowest-cost producers in the world. Iron ore production reached 44 million tons in fiscal year 2024. NMDC Q2 Results: Margins expand from last year but miss expectations, topline beats NMDC had recently announced a cut in the prices of lumps by ₹550 per tonne and for fines by ₹500 per tonne. Clarity behind such a price cut would be awaited from the management, along with the volume and capex outlook for the rest of the year.
