NMDC shares fall 4% after Q1 results; production jumps 26%

NMDC shares fell 4% after Q1 FY27 profit rose 2% YoY to ₹2,007 crore, while revenue increased 2% to ₹6,795 crore. Iron ore production surged 26% to 151.17 lakh tonnes, but sales grew only 2% to 117.30 lakh tonnes. Ore transferred for pellet job work also rose 46% to 8.19 lakh tonnes.