NMDC Steel Q2 profit ₹61cr; margin expands

GreyOak summary

NMDC Steel Ltd reported a net profit of ₹61 crore for the second quarter of FY27, reversing a loss of ₹115 crore in the same period last year. Revenue grew 11% year-on-year to ₹3,764.4 crore, while EBITDA more than doubled to ₹462.2 crore. The EBITDA margin expanded significantly to 12.3% from 6.1% in the previous year's quarter.