Financial Performance - Half Year Ended 30th September 2026 (H1 FY27 vs H1 FY26)

Operational Metrics:

  • Iron Ore Production: 272.72 LT (vs 222.02 LT in H1 FY26) - 23% increase
  • Iron Ore Sales: 222.13 LT (vs 222.33 LT in H1 FY26) - 0.1% decrease
  • Ore transferred for Pellets: 19.65 LT (vs 13.70 LT in H1 FY26) - 43% increase
  • Average Domestic Realization: ₹5,520/T (vs ₹5,170/T in H1 FY26) - 7% increase

Financial Metrics (₹ Crore):

  • Iron ore Sales: ₹12,261 (vs ₹11,495 in H1 FY26) - 7% increase
  • Other Sales: ₹1,172 (vs ₹1,400 in H1 FY26) - 16% decrease
  • Revenue from Operations: ₹13,433 (vs ₹12,895 in H1 FY26) - 4% increase
  • Interest Income from Deposits with Banks: ₹466 (vs ₹360 in H1 FY26) - 29% increase
  • Other Income: ₹375 (vs ₹319 in H1 FY26) - 17% increase
  • Total Income: ₹14,274 (vs ₹13,574 in H1 FY26) - 5% increase

Expenses (₹ Crore):

  • Royalty & Other Levies: ₹2,976 (vs ₹2,276 in H1 FY26) - 31% increase
  • Additional Amount (150% of Royalty): ₹3,349 (vs ₹2,581 in H1 FY26) - 30% increase
  • Purchase of Stock in Trade: ₹0 (vs ₹523 in H1 FY26) - 100% decrease
  • Pellets - Job Work Expenses: ₹677 (vs ₹547 in H1 FY26) - 24% increase
  • Operational Expenses: ₹3,749 (vs ₹2,668 in H1 FY26) - 41% increase
  • Stock Adjustment: -₹1,430 (vs ₹65 in H1 FY26)
  • Total Expenses: ₹9,321 (vs ₹8,660 in H1 FY26) - 8% increase

Profitability (₹ Crore):

  • EBITDA: ₹5,253 (vs ₹5,162 in H1 FY26) - 2% increase
  • EBITDA Margin: 39% (vs 40% in H1 FY26)
  • Profit Before Tax: ₹4,953 (vs ₹4,914 in H1 FY26) - 1% increase
  • Profit After Tax: ₹3,674 (vs ₹3,663 in H1 FY26) - 0.3% increase

Financial Performance - Quarter Ended 30th September 2026 (Q2 FY27 vs Q2 FY26)

Operational Metrics:

  • Iron Ore Production: 121.55 LT (vs 102.08 LT in Q2 FY26) - 19% increase
  • Iron Ore Sales: 104.83 LT (vs 107.16 LT in Q2 FY26) - 2% decrease
  • Ore transferred for Pellets: 11.47 LT (vs 8.10 LT in Q2 FY26) - 42% increase
  • Average Domestic Realization: ₹5,488/T (vs ₹4,973/T in Q2 FY26) - 10% increase

Financial Metrics (₹ Crore):

  • Iron ore Sales: ₹5,754 (vs ₹5,330 in Q2 FY26) - 8% increase
  • Other Sales: ₹884 (vs ₹931 in Q2 FY26) - 5% decrease
  • Revenue from Operations: ₹6,638 (vs ₹6,261 in Q2 FY26) - 6% increase
  • Interest Income: ₹254 (vs ₹177 in Q2 FY26) - 44% increase
  • Other Income: ₹240 (vs ₹204 in Q2 FY26) - 18% increase
  • Total Income: ₹7,132 (vs ₹6,642 in Q2 FY26) - 7% increase

Expenses (₹ Crore):

  • Royalty & Other Levies: ₹1,331 (vs ₹1,021 in Q2 FY26) - 30% increase
  • Additional Amount (150% of Royalty): ₹1,499 (vs ₹1,156 in Q2 FY26) - 30% increase
  • Purchase of Stock in Trade: ₹0 (vs ₹431 in Q2 FY26) - 100% decrease
  • Pellets - Job Work Expenses: ₹430 (vs ₹349 in Q2 FY26) - 23% increase
  • Operational Expenses: ₹1,948 (vs ₹1,314 in Q2 FY26) - 48% increase
  • Stock Adjustment: -₹336 (vs ₹101 in Q2 FY26)
  • Total Expenses: ₹4,872 (vs ₹4,372 in Q2 FY26) - 11% increase

Profitability (₹ Crore):

  • EBITDA: ₹2,436 (vs ₹2,385 in Q2 FY26) - 2% increase
  • EBITDA Margin: 37% (vs 38% in Q2 FY26)
  • Profit Before Tax: ₹2,260 (vs ₹2,270 in Q2 FY26) - flat
  • Profit After Tax: ₹1,667 (vs ₹1,694 in Q2 FY26) - 2% decrease

Quarterly Performance Comparison (Q2 FY27 vs Q1 FY27)

Operational Metrics:

  • Iron Ore Production: 121.55 LT (vs 151.17 LT in Q1 FY27) - 20% decrease
  • Iron Ore Sales: 104.83 LT (vs 117.30 LT in Q1 FY27) - 11% decrease
  • Ore transferred for Pellets: 11.47 LT (vs 8.19 LT in Q1 FY27) - 40% increase
  • Average Domestic Realization: ₹5,488/T (vs ₹5,548/T in Q1 FY27) - 1% decrease

Financial Metrics (₹ Crore):

  • Iron ore Sales: ₹5,754 (vs ₹6,508 in Q1 FY27) - 12% decrease
  • Other Sales: ₹884 (vs ₹287 in Q1 FY27) - 208% increase
  • Revenue from Operations: ₹6,638 (vs ₹6,795 in Q1 FY27) - 2% decrease
  • Interest Income: ₹254 (vs ₹212 in Q1 FY27) - 20% increase
  • Other Income: ₹240 (vs ₹135 in Q1 FY27) - 78% increase
  • Total Income: ₹7,132 (vs ₹7,142 in Q1 FY27) - 0.1% decrease

Expenses (₹ Crore):

  • Royalty & Other Levies: ₹1,331 (vs ₹1,644 in Q1 FY27) - 19% decrease
  • Additional Amount (150% of Royalty): ₹1,499 (vs ₹1,851 in Q1 FY27) - 19% decrease
  • Pellets - Job Work Expenses: ₹430 (vs ₹249 in Q1 FY27) - 73% increase
  • Operational Expenses: ₹1,948 (vs ₹1,800 in Q1 FY27) - 8% increase
  • Stock Adjustment: -₹336 (vs -₹1,094 in Q1 FY27)
  • Total Expenses: ₹4,872 (vs ₹4,450 in Q1 FY27) - 9% increase

Profitability (₹ Crore):

  • EBITDA: ₹2,436 (vs ₹2,817 in Q1 FY27) - 14% decrease
  • EBITDA Margin: 37% (vs 41% in Q1 FY27)
  • Profit Before Tax: ₹2,260 (vs ₹2,692 in Q1 FY27) - 16% decrease
  • Profit After Tax: ₹1,667 (vs ₹2,007 in Q1 FY27) - 17% decrease

Quarterly Iron Ore Sales Trend by Mine (LT)

Q2 FY27:

  • KDL: 36.57
  • BCH: 34.74
  • DIOM: 18.90
  • KIOM: 14.62
  • Total: 104.83

Q1 FY27:

  • KDL: 44.53
  • BCH: 48.25
  • DIOM: 16.52
  • KIOM: 7.99
  • Total: 117.30

Q4 FY26:

  • KDL: 52.46
  • BCH: 52.68
  • DIOM: 20.33
  • KIOM: 25.97
  • AGPL: 1.55
  • Total: 152.99

Q3 FY26:

  • KDL: 46.31
  • BCH: 42.34
  • DIOM: 16.66
  • KIOM: 21.76
  • Total: 127.07

Q2 FY26:

  • KDL: 37.66
  • BCH: 32.33
  • DIOM: 16.87
  • KIOM: 20.30
  • Total: 107.16

Q1 FY26:

  • KDL: 40.71
  • BCH: 40.62
  • DIOM: 16.25
  • KIOM: 17.59
  • Total: 115.17

Shareholding Pattern as on 30th September 2026

Top 25 shareholders collectively hold 75.14% of total shares (6,608,947,177 shares):

1. PRESIDENT OF INDIA: 5,344,900,713 shares (60.79%)

2. LIFE INSURANCE CORPORATION OF INDIA - P & GS Fund: 327,495,896 shares (3.73%)

3. SBI QUANT FUND: 111,448,795 shares (1.27%)

4. SBI LIFE INSURANCE CO. LTD: 79,852,737 shares (0.91%)

5. EDELWEISS TRUSTEESHIP CO LTD AC-EDELWEISS MF AC-EDELWEISS MID CAP FUND: 70,768,643 shares (0.80%)

6. ADITYA BIRLA SUN LIFE MUTUAL FUND - APEX HYBRID LONG-SHORT FUND: 61,491,436 shares (0.70%)

7. VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND: 50,792,460 shares (0.58%)

8. VANGUARD EMERGING MARKETS STOCK INDEX FUND: 48,874,786 shares (0.56%)

9. ROBECO CAPITAL GROWTH FUNDS-ROBECO QI EMERGING MARKETS ENHANCED INDEX EQUITIES PLUS: 48,739,292 shares (0.55%)

10. KOTAK NIFTY MIDCAP 50 ETF: 46,509,048 shares (0.53%)

11-25. Various institutional investors holding between 0.20-0.47% each

Additional Information

The presentation includes standard disclaimer language noting it is for general information purposes only and contains forward-looking statements subject to various risks and uncertainties.