NAVA News, Corporate filings and Earnings/Conference Calls

Power - Electric Utilities company NAVA announced Q2FY26 results Consolidated Financial Highlights: Declares interim dividend of 300% Consolidated total income at Rs 989.7 crore, reflecting stable operations across businesses Reports Net profit of Rs 177.5 crore, supported by strong operational efficiency The 60 MW Captive Power Plant (CPP) in Odisha successfully transitioned to an Independent Power Plant (IPP) effective November 1, 2025, enhancing revenue visibility and operational metrics. MEL realised USD 30 million during the quarter, bringing down arrears to USD 55.5 million – underscoring steady cash flow recovery. Robust dividend momentum: Since April 2025, MEL has distributed USD 72.8 million to sponsors. Nava Global has, in turn, maintained its consistent track record, leveraging upon sustained profitability and distribution, declared USD 10 million dividend on November 3, 2025, taking cumulative payout to USD 24 million to date. Standalone Financial Highlights: Revenue: Rs 555.5 crore, up 28.9% YoY PAT: Rs 156.5 crore, up 7.1% YoY Ashwin Devineni, MD & CEO, said: “Our performance this quarter reaffirms Nava’s operational strength, disciplined execution, and long-term focus on sustainable value creation. The successful transition of our Odisha power plant to an IPP model and consistent dividend flow underscore our commitment to enhancing shareholder returns. With robust projects underway across energy and agriculture, Nava remains well-positioned for continued growth and global relevance.” Result PDF

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NAVA News, Corporate filings and Earnings/Conference Calls

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