Nagpur Power And Industries Limited published its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, on May 31, 2026. The company reported a consolidated net profit of ₹3540.14 lakh for the year, a significant increase from ₹800.89 lakh in the prior year, driven by higher total income.

The consolidated total income for the year ended March 31, 2026, rose to ₹35790.95 lakh from ₹27242.88 lakh in the previous year. For the quarter ended March 31, 2026, the consolidated net profit stood at ₹3036.90 lakh, while total income reached ₹35172.48 lakh. On a standalone basis, the company reported a net profit of ₹751.16 lakh for the year and ₹740.04 lakh for the quarter.

The Board of Directors approved the financial results during a meeting held on May 29, 2026, following a review by the Audit Committee. The results were prepared in compliance with the Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The newspaper advertisements were published in Financial Express and Pratahkal on May 31, 2026, pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Financial Performance

The table below summarizes the key financial metrics for the standalone and consolidated results for the quarter and year ended March 31, 2026.

The equity share capital for the standalone entity was reported at ₹259.26 lakh for the quarter ended March 31, 2026, with a face value of ₹10 per share. The company noted that the full format of the audited financial results is available on the stock exchange websites and the company's official website.

Nagpur Power and Industries Limited has approved the re-appointment of Mr. Gautam Khandelwal as Executive Chairman for a term of three years effective June 30, 2026, subject to shareholder approval. The decision was taken by the Board of Directors at its meeting held on May 29, 2026, based on the recommendation of the Nomination and Remuneration Committee. The re-appointment is intended to ensure continuity in leadership as the company moves forward.

Mr. Gautam Khandelwal holds a BA (Economics) degree from the University of Mumbai and studied Economics at the London School of Economics. He brings approximately 36 years of business experience across various industries to the role. He is part of the promoter group but is not related to any other director on the board.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company confirmed that Mr. Khandelwal is not debarred from holding the office of Director by any SEBI order or other authority.

Details of Re-appointment

The appointment requires the consent of shareholders through a postal ballot or general meeting process. The company will announce the record date and voting procedures in due course. Mr. Khandelwal's extensive experience is expected to guide the company's strategic initiatives during his new term.