NAVA LIMITED has informed the Exchange regarding a press release dated May 15, 2026, titled "Press Release".
NAVA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nava Limited reported exceptional standalone performance for FY2025-26 with PAT more than doubling (116%) to ₹911 crore from ₹422 crore, driven by higher ferro alloy sales volumes (up 29%), improved energy revenues (up 27% QoQ), and record dividend income of ₹254 crore from overseas operations. Consolidated PAT declined to ₹1,039 crore from ₹1,434 crore as MEL's power division transitioned from a tax holiday to a 15% tax structure, creating deferred tax provisions. Revenue from standalone operations rose 19.4% to ₹1,925 crore. The company declared a total dividend of ₹8.50 per share (including ₹3 interim already paid) and received ₹705 crore via dividends and share buyback. ZESCO arrears recovery exceeded 90%.
Standalone profit growth of 116% signals strong underlying business performance and value generation from strategic investments; however, the consolidated PAT decline due to MEL tax structure change may create mixed market sentiment despite the operational strength.