NMDC Q1 Profit Rises 2% to Rs 2007 Crore Beating Estimates But Revenue Misses
NMDC Q1 FY27 profit rose 2% to Rs 2,007 crore, beating estimates, but revenue at Rs 6,795 crore missed expectations.
Key points
- NMDC Q1 profit rose 2 percent to Rs 2007 crore beating consensus but revenue missed
- EBITDA margin fell below forecasts reflecting iron ore pricing and volume headwinds
- Monthly dispatch data and steel mill production are real-time signals for Q2 recovery
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