NLC India Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2025, recommended Final Dividend of Rs. 1.50 per equity share.
NLCINDIA · price
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NLC India (a Government of India Navratna enterprise) reported its audited financial results for Q4 and FY ended March 31, 2025. The Board has recommended a final dividend of Rs 1.50 per share (15%) for FY25, on top of an interim dividend of Rs 1.50 per share already paid, taking total dividends to Rs 3.00 per share. Standalone FY25 revenue dipped about 2.2% to Rs 10,286 crore while net profit rose about 2.9% to Rs 1,900 crore; operating margin compressed to 19.36% from 22.29%. On a consolidated basis, revenue grew roughly 17.5% to Rs 15,283 crore and profit after tax jumped about 45% to Rs 2,714 crore. The auditors issued an unmodified opinion but flagged a Material Uncertainty Relating to Going Concern due to shortage of mining land at Neyveli, along with several Emphasis of Matter items. The Board also approved a new 74:26 joint venture with Rajasthan Rajya Vidyut Utpadan Nigam to set up a 3x125 MW lignite-based thermal power station, and appointed cost and internal auditors for FY26.
Positive for shareholders on dividend income (Rs 3 per share total yield), but the going-concern flag from auditors over Neyveli land shortage and the standalone margin compression are concerns. Strong consolidated profit growth and the new JV with RVUNL signal expansion, though watch for resolution of land and regulatory disputes.