NMDC Group PJSC Financial Results Press Release for the Period Ended March 31,2026 | premargin
NMDC Group PJSC Financial Results Press Release for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Press Release·April 30, 2026·View on exchange
AI Summary
NMDC Group reported Q1 2026 revenue of AED 6.6 billion, a 7% year-on-year increase, and a net profit of AED 387 million.
The Group maintained a project backlog of AED 55.4 billion as of March 31, 2026, with a future pipeline valued at AED 92 billion across its core business verticals.
New projects totaling AED 1.8 billion were awarded during the quarter, including AED 1.5 billion for Dredging & Marine and AED 0.3 billion for Infrastructure.
Strategic expansion included the acquisition of Lantania Aguas to strengthen water sector operations and a joint venture with CCC to enhance onshore oil and gas EPC capabilities.