NMDC Group PJSC Financial Results Press Release for the Period Ended March 31,2026

NMDC Group reported a 7% year-on-year revenue increase to AED 6.6 billion for the first quarter of 2026, with net profit reaching AED 387 million.
The Group maintained a solid backlog of AED 55.4 billion and a pipeline of AED 92 billion across its Energy, Dredging & Marine, and Infrastructure verticals.
New project awards during Q1 totaled AED 1.8 billion, contributing to a strong net cash position of AED 5.2 billion.
Strategic growth was supported by the acquisition of Lantania Aguas in the water sector and a joint venture with CCC to expand onshore oil and gas EPC capabilities.