NMDC Steel posts ₹61 crore Q2 profit as revenue rises 11%
In short
NMDC Steel turned profitable in Q2 FY27 and reported a net profit of ₹61 crore. CNBC TV18 Market said that was against a loss of ₹115 crore a year ago, while revenue rose 11%, EBITDA reached ₹462.2 crore and margin widened to 12.3%.
What the reporting says
NMDC Steel returned to profitability in Q2 FY27, posting a net profit of ₹61 crore versus a loss of ₹115 crore a year earlier. CNBC TV18 Market said revenue rose 11%, EBITDA climbed to ₹462.2 crore and the EBITDA margin expanded to 12.3%. The reported numbers indicate an operating improvement for the company.
Why it matters
NMDC Steel swung back to profit in Q2 FY27, reporting ₹61 crore in net profit against a ₹115 crore loss a year earlier. The company also posted 11% revenue growth, EBITDA of ₹462.2 crore and a 12.3% margin. These reported figures point to better operating performance for NMDC Steel and are relevant for investors tracking the stock and the wider steel sector.