"NMDC has consistently performed well and its physical and financial performance post-COVID has been excellent"

NMDC has consistently performed well. Comment on its physical performance in the post-COVID economy.

NMDC stood by the nation through thick and thin. Displaying tremendous resilience, the company worked its way up post the pandemic without compromising on the steady supply of iron ore. We managed to continuously outperform ourselves each month and each quarter. FY21 was a landmark year for us where despite the challenges of the pandemic, we gave in our best to achieve production and sales of 34.15 MT and 33.25 MT during the year. In FY22, NMDC recorded a historic 42 MnT production, becoming the first company in the country to cross 42 million tonnes of iron ore production. We re-created this feat again in FY23, crossing 40 MnTproduction for the second time in a row. This historic milestone of 42 MnT was achieved on the back of steady fundamentals and a visionary workforce that committed to outperforming its previous targets. Despite challenges, NMDC remained undeterred in its vision to contribute to the growing demand of iron ore in the country and its economy.