Home / Business and Economy / Nava Limited Sees Profit Soar 83.5% QoQ
Nava Limited Sees Profit Soar 83.5% QoQ
5 Feb
Summary
- Consolidated income grew 20.9% YoY to ₹1,061.5 crore.
- Net profit surged 83.5% quarter-on-quarter to ₹325.7 crore.
- Energy division and new ventures like avocados show robust performance.
Nava Limited announced robust financial performance for the quarter ending December 31, 2025, marking Q3 FY26 with substantial growth. Consolidated total income reached ₹1,061.5 crore, a 20.9% increase year-on-year, while net profit surged by 83.5% quarter-on-quarter to ₹325.7 crore.
The Energy division played a key role in this success, with Maamba Energy Limited (MEL) realizing US$ 20 million in arrears and continuing dividend distributions. Project updates reveal progress in a 100 MW solar power project in Zambia, expected to commission in H1 FY27, and a slight delay in MEL's 300 MW expansion to H2 FY27.
Beyond energy, Nava's agricultural ventures are taking root. The Nava Avocado plantation achieved its first harvest, well-received in the market, with 50% of the plantation now complete. The Kawambwa Sugar project is on track for commissioning by April 2028.
On a standalone basis, Nava Limited reported a total revenue of ₹499.7 crore, a 68.9% year-on-year increase, with profit after tax at ₹135.3 crore, up 185.6% year-on-year. The Metals division saw a significant rise in Ferro Alloys sales, driven by export demand.
