Power - Electric Utilities company NAVA announced Q1FY27 results Consolidated Financial Highlights: Revenue from operations for Q1FY27 reached Rs 1,21,179.59 lakh, showing an increase of 1.56% YoY from Rs 1,19,322.36 lakh in Q1FY26 and a growth of 6.03% QoQ from Rs 1,14,284.52 lakh in Q4FY26. Total income stood at Rs 1,26,876.11 lakh in Q1FY27, up 2.94% YoY compared to Rs 1,23,256.98 lakh in Q1FY26 and up 6.19% QoQ compared to Rs 1,19,483.85 lakh in Q4FY26. Profit before tax from continuing operations for Q1FY27 was Rs 47,963.90 lakh, a decline of 10.50% YoY from Rs 53,591.35 lakh in Q1FY26 and an increase of 47.43% QoQ from Rs 32,532.82 lakh in Q4FY26. Net profit for the period (Total Group) for Q1FY27 was Rs 33,282.29 lakh, representing a decrease of 16.60% YoY from Rs 39,909.07 lakh in Q1FY26 and a significant increase of 144.31% QoQ from Rs 13,622.87 lakh in Q4FY26. Total comprehensive income for the period was Rs 34,648.10 lakh in Q1FY27, down 12.48% YoY from Rs 39,591.24 lakh in Q1FY26 and down 36.56% QoQ from Rs 54,612.10 lakh in Q4FY26. Basic Earnings Per Share (EPS) for continuing and discounting operations stood at Rs 9.80 in Q1FY27 compared to Rs 10.89 in Q1FY26 and Rs 4.49 in Q4FY26. Standalone Financial Highlights: Revenue from operations for Q1FY27 was Rs 52,225.19 lakh, a slight decrease of 1.45% YoY from Rs 52,991.52 lakh in Q1FY26 and a decline of 6.63% QoQ from Rs 55,932.31 lakh in Q4FY26. Total income for Q1FY27 stood at Rs 68,885.94 lakh, representing an increase of 20.28% YoY from Rs 57,272.71 lakh in Q1FY26 and an increase of 12.13% QoQ from Rs 61,431.81 lakh in Q4FY26. Profit before tax from continuing operations for Q1FY27 reached Rs 30,948.75 lakh, showing a YoY growth of 73.76% from Rs 17,810.72 lakh in Q1FY26, but a decline of 45.17% QoQ from Rs 56,443.03 lakh in Q4FY26. Net profit for the period for Q1FY27 was Rs 26,604.96 lakh, up 88.62% YoY from Rs 14,105.31 lakh in Q1FY26 and down 44.35% QoQ from Rs 47,809.27 lakh in Q4FY26. Business Highlights: Segment Revenue Performance (Consolidated): Ferro Alloys: Recorded revenue of Rs 25,710.58 lakh in Q1FY27, down from Rs 29,137.01 lakh in Q1FY26. Energy: Contributed revenue of Rs 96,203.79 lakh in Q1FY27, up from Rs 94,974.56 lakh in Q1FY26. Mining: Recorded revenue of Rs 12,784.50 lakh in Q1FY27, up from Rs 12,332.31 lakh in Q1FY26. Segment Results (Profit before tax and interest): Ferro Alloys: Reported a segment profit of Rs 1,782.85 lakh in Q1FY27. Energy: Reported a segment profit of Rs 44,262.71 lakh in Q1FY27. Mining: Reported a segment profit of Rs 1,364.44 lakh in Q1FY27. Overdue Receivables Update: Substantially overdue trade and other receivables from a customer of Maamba Energy Limited (step-down subsidiary) stood at Rs 16,514.61 lakh as of June 30, 2026, compared to Rs 25,989.96 lakh as of March 31, 2026. The subsidiary has recovered USD 560.61 million as of the quarter end. Legal Update: Brahmani Infratech Private Limited, a subsidiary, is involved in ongoing proceedings with claims for a security deposit refund of Rs 3,000.00 lakh and reimbursement of expenses of Rs 918.95 lakh, being considered as contingent liabilities. Exceptional Item: In the preceding quarter (Q4FY26), the company had reported an exceptional gain of Rs 40,394.95 lakh on a standalone basis, which included a gain of Rs 40,253.62 lakh from the buyback of equity shares by its subsidiary and profit on transfer of investment. Subsidiary Strike-off: Integrative Healthcare Services Pte Limited, Singapore, was struck off on 30 April 2026, following which control ceased. Result PDF
Electric Utilities company NAVA announced Q3FY26 results Consolidated total income stood at Rs 1,061.5 crore, registering a growth of 7.3% QoQ and 20.9% YoY. Net profit for the quarter was Rs 325.7 crore, reflecting growth of 83.5% QoQ. Ashwin Devineni, MD & CEO, said: “Nava delivered a strong performance in Q3FY26, marked by a sharp improvement in profitability, disciplined cost management, and sustained operational reliability across our core businesses. The quarter saw healthy growth in revenues, a significant increase in profits, and continued progress in reducing arrears at MEL, reflecting our strong focus on cash flow and balance sheet strength. The successful completion of Nava Global’s USD 50 million buyback and steady dividend flows underscore our commitment to shareholder value. As we advance our expansion projects across energy, renewables and agriculture, we remain focused on prudent execution, capital discipline, and building resilient businesses that can deliver consistent long-term returns.” Result PDF
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
Power - Electric Utilities company NAVA announced Q1FY26 results Total income: Rs 1,232.6 crore, up 16.7% quarter-on-quarter (QoQ) and marginally lower by 2.0% YoY. Net profit: Rs 399.1 crore, up 31.8% QoQ and lower by 10.5% YoY. The average tax rate is higher, as profits from the power division of MEL are subject to tax at 15% from Q1FY26. Maamba Energy (MEL): Received arrears of USD 75.0 million, reducing outstanding receivables to USD 85.5 million. Sponsors received maiden dividend from MEL, with the Nava group receiving USD 32.5 million as its share. Projects: MEL’s Phase II 300 MW expansion and MSEL’s 100 MW solar project in Zambia are on track for scheduled commissioning in Q2FY27. Ashwin Devineni, Managing Director & CEO, said: “We are pleased to report our highest-ever quarterly PBT, driven by strong operations across our energy portfolio and improved realisations in the metals business. The 50% tax concession regime applicable to the power division under MEL impacted the PAT for the quarter. The resolution of a substantial portion of MEL’s receivables and the receipt of its maiden dividend are significant steps in further strengthening our cash position. Our strategic projects from renewable energy in Zambia to commercial agriculture in Africa are progressing as planned, positioning us for sustainable growth. The planned conversion of our captive power assets to IPPs will further enhance operational efficiency. We remain committed to disciplined capital allocation, operational excellence, and the timely execution of our growth plans to create enduring value for all stakeholders.” Result PDF
Power & Electric Utilities company NAVA announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total revenue at Rs 1,055.8 crore, with QoQ growth of 20.2% and YoY growth of 10.9% PAT at Rs 302.8 crore, with QoQ de-growth of 14.3% and YoY growth of 18.8% FY25 Financial Highlights: Total revenue at Rs 4,135.2 crore – Highest ever : with YoY growth of 4.6% Consolidated PAT at Rs 1,434.0 crore - Highest ever , with YoY growth of 14.2% Recommended Final dividend of Rs 6 per share; this is in addition to interim dividend of Rs 4 per share (paid before share split). Commenting on the results, Ashwin Devineni, Chief Executive Officer, said, “For FY25, NAVA Group delivered multiple milestones. Our consolidated revenue was Rs 4,135 crore at a YoY growth of 4.6%, and a PAT of Rs 1,434 crore. Our revenue and profit for the year are the highest ever. All our major segments – Metals, Mining and Energy, have shown robust growth as compared to last year. Our ferro alloys business has significantly turned around and contributed to the improvement in profit in FY25. We have also seen significant improvement in MEL’s receivables position. Post the close of the financial year, MEL received US$ 55.0 Mn which has helped it repay its shareholder loans in full to the sponsors. With an objective to improve shareholder value, we completed two corporate actions during the last financial year – a stock split in Q3 and a share buyback for Rs. 360.0 crore in Q4. In addition to these, we continue to maintain our dividend distribution at a healthy rate. Our new projects under Maamba Solar, Nava Avocado and Kawambwa Sugar are showing encouraging progress. We are progressing on a robust cash and capital allocation plan which sufficiently meets our expansion objectives. Finally, I would like to extend a warm welcome to Mr. K V S Vithal, who has joined us as Chief Financial Officer (CFO) of NAVA Group with effective from February 8, 2025.” Result PDF
Electric Utilities company NAVA announced Q3FY25 results Revenue: Rs 878.1 crore compared to Rs 995.0 crore during Dec'23, change -11.7%. EBITDA: Rs 485.5 crore compared to Rs 475.2 crore during Dec'23, change 2.2%. EBITDA margin: 55.3% for Dec'24. PBT: Rs 391.6 crore compared to Rs 464.1 crore during Dec'23, change -15.6%. PAT: Rs 353.3 crore compared to Rs 465.0 crore during Dec'23, change -24.0%. Ashwin Devineni, CEO, Nava, said: “Despite challenging market conditions, we have maintained profitability and enhanced operational efficiencies. Our continued focus on business expansion, cost optimization, and strategic investments will drive long-term value creation for our stakeholders. Our commitment to sustainable growth is reflected in our planned diversification strategies, that are expected to take shape in due course of time.” Result PDF
Electric Utilities company NAVA announced Q2FY25 results Standalone Financial Highlights: Total Revenue: Rs 430.5 crore compared to Rs 355.0 crore during Q2FY24, change 21.3% YoY. EBITDA: Rs 173.2 crore compared to Rs 50.6 crore during Q2FY24, change 242.0% YoY. PBT: Rs 164.3 crore compared to Rs 40.4 crore during Q2FY24, change 306.3% YoY. PAT: Rs 146.1 crore compared to Rs 31.4 crore during Q2FY24, change 365.3% YoY. Consolidated Financial Highlights: Total Revenue: Rs 942.9 crore compared to Rs 961.8 crore during Q2FY24, change -2% YoY. EBITDA: Rs 456.1 crore compared to Rs 398.9 crore during Q2FY24, change 14.3% YoY. PBT: Rs 361.2 crore compared to Rs 225.6 crore during Q2FY24, change 60.0% YoY. PAT: Rs 331.9 crore compared to Rs 193.2 crore during Q2FY24, change 71.7% YoY. Ashwin Devineni, CEO of NAVA, said: “Our latest financial results showcase Nava Limited’s resilience and strategic direction, while enhancing profitability across sectors. Our diversified portfolio and prudent financial management have not only bolstered our cash flows but have also enabled significant debt reduction, thus enhancing shareholder value. Furthermore, our expansion in Zambia with a new integrated sugar plant and our robust agricultural initiatives position us to tap into high-growth opportunities in Africa.” “The board’s decision for an equity share split aims to make Nava’s shares more accessible to a broader investor base, underscoring our commitment to sustainable growth and value creation,” Result PDF
Electric Utilities company NAVA announced Q4FY24 & FY24 results: Improved free cash flows and consistent financial growth across all business verticals generating substantial reserves for future growth capital and corporate actions to enhance shareholder value. Consolidated financials demonstrated sustained revenue and profitability during the year, achieving total Income of Rs 3,955.0 crore and PAT of Rs 1,256.1 crore for the financial year. The long-term debt at MCL amounting to Rs 2,621.1 crore (USD 314.4 million) has been fully repaid during the current FY. This will enable distribution of future free cashflows to its sponsors, from FY25 onwards. Energy vertical has improved financial performance with the operations of Nava Bharat Energy India Limited’s (NBEIL} 150 MW power plant throughout the year NRFIL has witnessed turnarnund with PBT of Rs 115.8 Crore for FY 2024. Ferro Alloys turnover has improved during the quarter with higher sales quantity and uptick in the realisation prices. Mining division reported a revenue growth of 21.2% and PBT growth of 165% for FY24, driven by improved sales quantities and lower finance costs Board Declares Final Dividend of 200% (Rs 4 per share) for FY24 Result PDF