In a remarkable feat, State Miner NMDC has recorded its highest-ever production and sales of iron ore in the month of May, setting a strong tone for the fiscal year. With a notable upswing of 16% in production and an impressive 37% increase in sales compared to the previous year, NMDC has achieved its best performance for the months of April and May since its inception in FY24.The cumulative production and sales figures for FY24 also showcase substantial growth, with a 13.7% increase in production and a remarkable 22% increase in sales. In the first two months of the financial year, NMDC produced 7.22 million metric tons of iron ore and sold 7.05 MnT, further solidifying its position as the country's largest iron ore producer.
In a remarkable feat, State Miner NMDC has recorded its highest-ever production and sales of iron ore in the month of May, setting a strong tone for the fiscal year. With a notable upswing of 16% in production and an impressive 37% increase in sales compared to the previous year, NMDC has achieved its best performance for the months of April and May since its inception in FY24.The cumulative production and sales figures for FY24 also showcase substantial growth, with a 13.7% increase in production and a remarkable 22% increase in sales. In the first two months of the financial year, NMDC produced 7.22 million metric tons of iron ore and sold 7.05 MnT, further solidifying its position as the country's largest iron ore producer.
