NMDC Limited's Board of Directors, in a meeting held on February 03, 2026, approved the un-audited financial results for the quarter and nine months ended December 31, 2025. The company also declared its first interim dividend of ₹2.50 per equity share for the financial year 2025-26. The record date for this dividend has been set as Friday, February 13, 2025. Furthermore, the Board approved the incorporation of a wholly-owned subsidiary (WOS) dedicated to the acquisition, exploration, production, and related activities of critical minerals. This strategic move is subject to approvals from the Ministry of Steel, DIPAM, and other relevant authorities. The Board meeting commenced at 12:10 Hrs. (IST) and concluded at 13:55 Hrs. (IST). The financial results indicate a revenue from operations of ₹7,485.55 crore for the quarter ended December 31, 2025, and a profit after tax of ₹1,738.07 crore for the same period. The auditor's report highlights several significant matters, including a contingent liability of approximately ₹15,165.06 crore related to the Karnataka Mineral Rights Tax Bill, 2024, and potential recoverability issues with dues from NMDC Steel Limited (₹1,901.39 crore) and trade receivables from RINL (₹4,104.59 crore).
