NMDC Ltd's Q4FY25 Quarterly Results

Result Summary

• NMDC Ltd reported a 0.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 18.2%.
• Its expenses for the quarter were up by 3.7% QoQ and 19.1% YoY.
• The net profit decreased 25.7% QoQ and decreased 37.9% YoY.
• The earnings per share (EPS) of NMDC Ltd stood at 4.8 during Q4FY25.

Financial Statments for Q4FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NMDC Ltd, formerly known as National Mineral Development Corporation, is a state-controlled mineral producer of the Government of India. It primarily focuses on mining and iron ore production, which is one of the most significant contributors to the company's overall revenue. NMDC is a key player in the mining and mineral industry, supplying raw materials essential for steel and other metal production. The company is headquartered in Hyderabad, India, and has a strong presence in the Indian subcontinent. Recent developments or strategic initiatives by NMDC are not available from the provided data.

Revenue

In Q4FY25, NMDC Ltd reported a total income of ₹6908.37 crores, reflecting a slight decrease of 0.5% from the previous quarter (Q3FY25), where the total income was ₹6942.92 crores. However, this represents an 18.2% increase year-over-year from Q4FY24, when the total income was ₹5842.52 crores. The revenue figures indicate a robust year-over-year growth, suggesting improved performance compared to the same period in the previous year. The quarter-over-quarter decline suggests a marginal drop in revenue during the last quarter.

Profitability

The profit before tax for NMDC in Q4FY25 was ₹2358.88 crores, a decrease of 8.7% compared to ₹2583.85 crores in Q3FY25. When compared to Q4FY24, the profit before tax fell by 28.2% from ₹3285.61 crores. The tax expense for Q4FY25 increased by 37.3% quarter-over-quarter, amounting to ₹943.00 crores, but decreased by 6.5% year-over-year. Consequently, the profit after tax in Q4FY25 was ₹1409.78 crores, marking a significant decline of 25.7% from the previous quarter and 37.9% year-over-year. This reduction in profitability is reflected in the earnings per share, which stands at ₹4.80, showing a 128.6% quarter-over-quarter increase but a 38.5% decrease compared to the previous year.

Operating Metrics

The total expenses for NMDC in Q4FY25 were ₹4519.64 crores, which is an increase of 3.7% from the previous quarter's ₹4359.07 crores. Compared to Q4FY24, total expenses rose by 19.1% from ₹3794.18 crores. The increase in expenses reflects operational and possibly input cost adjustments over the year. This increase aligns with the year-over-year growth in total income, although the quarter-over-quarter rise in expenses contrasts with the decline in total income. The observed trends in expenses and income provide a detailed view of NMDC's operational dynamics over the quarters and the year.