NMDC Energy P.J.S.C. Financial Results Press Release for the Period Ended March 31,2026

NMDC Energy reported a 33% year-on-year revenue increase to AED 5 billion for the first quarter of 2026, with a net profit of AED 80 million.
The company maintained a strong liquidity position with a cash balance of AED 3.5 billion and reported a project pipeline reaching AED 67 billion at quarter-end.
Revenue was primarily driven by UAE operations (74%) and international markets (26%), supported by a robust project backlog of AED 35.3 billion.
Management attributed the performance to disciplined execution and the conversion of backlog into revenues despite challenging regional operating conditions.