Quarterly Result15 May 2026, 02:21 pm
Nava Ltd Standalone Profit Jumps 116% to ₹911 Cr
AI Summary
Nava Ltd reports a 116% YoY increase in standalone profit after tax, reaching ₹911 crore for FY26. The company declared a final dividend of ₹5.50 per share, bringing the total dividend for FY26 to ₹8.50 per share. Consolidated profit before tax remained stable, while standalone revenue from operations increased by 19.4% YoY to ₹1925 crore. The company received ₹705 crore from dividends and share buyback during the year.
Key Highlights
- Nava declares ₹8.50 total dividend per share for FY26.
- Standalone PAT increased by 116% YoY to ₹911 crore.
- Standalone revenue from operations up 19.4% YoY to ₹1925 Cr.
- Received ₹705 crore from dividend and share buyback.
- MEL's 300 MW Phase-II expansion expected by January 2027.