StocksMedium•13 November 2026•
1 min read
NMDC Steel Returns to Profitability with ₹61 Crore in Q2 FY2027
Key Facts
1NMDC Steel reported a standalone net profit of ₹61.03 crore for Q2 FY27, reversing a loss of ₹114.78 crore in the same period last year.
2Revenue from operations rose 11% year-on-year to ₹3,764.37 crore.
NMDC Steel reported a standalone net profit of ₹61.03 crore for the second quarter of FY2027, reversing a loss of ₹114.78 crore in the same period last year. According to scanx.trade, revenue from operations rose 11% year-on-year to reach ₹3,764.37 crore.
EBITDA more than doubled to ₹463.44 crore, leading to an expansion in the EBITDA margin to 12.29% from 6.11% in the previous year. The company's balance sheet showed improved leverage as total borrowings decreased to ₹4,836.92 crore and the debt-equity ratio improved to 0.36 as of September 30, 2026.