Nava Ltd Q3 FY26 Results

Summary

Nava Ltd, a diversified Indian multinational, announced its Q3 FY26 results with an 84% QoQ profit growth. The Energy division contributed significantly to the financials with MEL’s power plant operations and USS 20 million realization towards arrears. The company's solar energy and MEL’s 300 MW Expansion projects are progressing well. The Avocado plantation and Kawambwa Sugar Project are also on track. Standalone performance showed a 68.9% YoY growth in total revenue and 185.6% YoY growth in PAT.

Key Highlights

1. 1

   Consolidated total income stood at 1,061.5 crore, growing 7.3% QoQ and 20.9% YoY.

2. 2

   Net profit for the quarter was 2325.7 crore, reflecting growth of 83.5% QoQ.

3. 3

   Energy division contributed to the healthy growth of financials with MEL’s power plant operations.

4. 4

   MEL realized USS 20 million towards arrears during the quarter, reducing outstanding arrears from ZESCO to USS 30.5 million.

5. 5

   Construction of MSEL’s 100 MW solar power project in Zambia commenced in September 2025 and remains on track for commissioning in H1 FY27.

6. 6

   Teepe hae a a a ee a a ee a ae a a a ec a cr ec crear ae

7. 7

   Standalone Total Revenue: 2499.7 crore, up 68.9% YoY.

8. 8

   Standalone PAT: 2135.3 crore, up 185.6% YoY.

9. 9

   Metals: Ferro Alloys sales surged to 33,383 MT from 20,068 MT YoY.

10. 10

    Energy: MEL power plant operated at a PLF of 96.6%, while Indian power plants operated with PLF of 54.0%.

11. 11

    Mining: Coal sales and margins have improved during the quarter with the division contributing steadily with positive margins.