Outcome of Board Meeting

No. 18(2)/2026/66 14.08.2026 BSE Limited National Stock Exchange of Calcutta Stock Exchange Phiroze Jeejeebhoy Towers India Limited 7, Lyons Range, Murgighata, Dalal Street, Exchange Plaza, C- 1,Block G, Dalhousie, Mumbai – 400001. Bandra-Kurla Complex, Kolkata, Scrip Code: 543768 Bandra (East), West Bengal 700001 Mumbai – 400051 Scrip ID: 74920 Security ID: NSLNISP Dear Sir / Madam, Sub: Outcome of Board meeting - Unaudited Financial Results and Limited Review Report for the quarter ended 30.06.2026. Ref: Regulation 33 of SEBI (LODR) Regulations, 2015. The Board of Directors of the Company at its meeting held on Friday, 14th August 2026, inter-alia approved Integrated financial Results for the quarter ended 30th June 2026, in terms of SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December 2024 read with BSE Circular No. 20250102-1 and NSE Circular No. NSE/CML/2025/02 dated 2nd January 2025. Pursuant to Regulation 33 of SEBI LODR Regulations, 2015, the Unaudited Financial Results for the quarter ended 30th June 2026 along with Limited Review Report of the Statutory Auditors thereon and other disclosures are enclosed herewith. The Board Meeting commenced at 16:45 hrs. (IST) and concluded at 17:25 hrs. The above information is also available on the Company's website: https://www.nsltd.in/en. Thanking you, Yours faithfully, for NMDC Steel Limited (Paraj Kanti Saha) Company Secretary Encl:- As above. SH-ARAD § ASSOCIATCS rtereo{ Gitt~ ACCOUV\,t~ V\,t$ IND I A INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS The Board of Directors NMDC Steel Limited Introduction 1. We have reviewed the accompanying Statement of Unaudited Interim Financial results of NMDC Steel Limited, ("the Company"), for the quarter ended June 30,2026, ('the Statement",) being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the listing Regulations"). Responsibility Statement 2. This statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. Scope of Review 3. We conducted our review of the Statement in accordance with Standard on Review Engagements (SRE) 2410, 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing prescribed under section 143(10) of the Companies Act,2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion 4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matter 5. The Statement includes the results for the quarter ended 31 March 2026 which are the balancing figures between the audited figures in respect of the full previous financial year and the published unaudited year to date figures up to the third quarter of the previous financial year, which were subjected to limited review, as required under the Listing Regulations. Our conclusion is not modified for the above matter. For Sharad &. Associates Chartered Accountants Firm Registration Number: 06377S New Delhi, dated this August 14,2026 Partner Membership Number: 202692 UDIN: 26202692WQCXBF6738 o-3 1 o _ 1 A 4vl t<!lcl Rlille'5 NMDC STEEL LIMITED NMDC STEEL Regd. Office: Clo. NMDC Iron & Steel Plant, Post: Nagarnar, Dist: Bastar, Pin: 494001, Chhattisgarh CIN: L27310CT2015GOI001618 Statement of Un-Audited Financial Results for the Quarter Ended 30th June-2026 (~ in Crore) Quarter Ended Year Ended Particulars 30-Jun-2026 31-Mar-2026 30-Jun-2025 31-Mar-2026 Un-audited Audited Un-audited Audited Revenue from Operations 3,661.84 3,879.00 3,365.22 13,641.81 Other Income 42.89 26.14 20.00 86.00 Total income 3,704.73 3,905.14 3,385.22 13,727.81 Expenses: Cost of materials consumed 2,509.37 2,297.62 2,045.57 8,594.27 Changes in inventories of finished goods and (121.36) (11. 69) 102.38 298.19 work-in-progress Employee benefit expense 31.23 40.71 21.88 136.58 Finance cost 126.38 96.42 133.68 486.64 Depreciation and amortization expense 242.12 249.37 257.84 1,041.7 8 Other expenses 843.04 746.61 787.73 3,094.57 Total expenses 3,630.78 3,419.04 3,349.08 13,652.03 ProfiV (loss) before exceptional items and tax 73.95 486.10 36.14 75.78 Add/{Less): Exceptional items . . . . Profit/ (loss) before tax 73.95 486.10 36.14 75.78 Tax expense (1) Current year - . . . (2) Earlier years (net) . . - . (3) Deferred tax 23.44 94.19 10.58 17.06 Total tax expense 23.44 94.19 10.58 17.06 Profit/(loss) for the period 50.51 391.91 25.56 58.72 Other Comprehensive income/(expenses): Item that will not be reclassified to profit or loss 4.64 . . - (net of income tax) Total Comprehensive Income for the period 55.15 391.91 25.56 58.72 Paid-up Equity Share Capital 2,930.61 2,930.61 2,930.61 2,930.61 Borrowings 5,056.15 4,601.94 5,709.82 4,601.94 Total Interest on Borrowings 126.38 96.42 133.68 486.64 Other equity excluding revaluation reserve as 10,297.74 10,242.59 10,209.43 10,242.59 per balance sheet Net Worth 13,228.35 13,1 73.20 13, 140.04 13,1 73.20 Debenture redemption reserve . . . Face value per share (Re) 10 10 10 10 EPS for the period (Re.)-basic and diluted 0.19 1.34 0.09 0.20 Debt equity ratio 0.38 0.35 0.43 0.35 Debt service coverage ratio (DSCR) 0.17 0.40 0.16 0.71 Interest service coverage ratio (ISCO) 1.59 6.04 1.27 1.16 Not Annualised Annualised £'1"'1""0>fl~~ NMDC STEEL LIMITED NMDC STEEL Regd. Office: Clo. NMDC Iron & Steel Plant, Post: Nagarnar, Dist: Bastar, Pin: 494001, Chhattisgarh CIN: L27310CT2015GOI001618 NOTES: 1. The above results have been reviewed and approved by the Board of Directors in the meeting held on 14th August 2026. The Statutory Auditors have carried out a Limited Review of the results for the quarter ended 30th June,2026. 2. The Unaudited Financial Results for the quarter ended 30th June 2026, have been reviewed by the Statutory Auditors as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 as amended. 3. The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind-AS) notified under the Companies (Indian Accounting Standards) Rules 2015 (as amended). The financial results have been prepared in accordance with the recognition and measurement principles of Ind-AS, prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued there under and the other accounting principles generally accepted in India. 4. The Company has Ru [Showing first 8,000 characters — download PDF for full document]