NLC India Limited reported a strong financial performance for the quarter and year ended March 31, 2026, with consolidated net profit nearly tripling year-on-year. The Board of Directors approved the audited financial results for FY 2025-26 at a meeting held on May 13, 2026. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited financial results in Financial Express and Dinamani on May 14, 2026.

Q4 Financial Performance

The company delivered significant growth across key operational metrics. Consolidated revenue from operations increased to ₹5,042.46 Crore from ₹3,836.00 Crore in the corresponding quarter of the previous year. EBITDA surged to ₹17.74B compared to ₹8.61B, while the EBITDA margin expanded to 35.18% from 22.45%. The following table summarises the key consolidated and standalone quarterly and annual financial metrics:

Key Balance Sheet and Ratio Metrics

The company's balance sheet reflects a strengthening financial position. The following table presents key balance sheet and ratio data on both a standalone and consolidated basis as of March 31, 2026:

Earnings Per Share

Earnings per equity share (face value ₹10/- each, not annualised) for the quarter and year ended March 31, 2026 are detailed below:

Audited Results and Audit Observations

The Joint Statutory Auditors, M/s. Sundaram & Srinivasan and M/s. PKF Sridhar & Santhanam LLP, issued unmodified audit reports. However, they highlighted a Material Uncertainty Relating to Going Concern regarding the non-availability of adequate land for lignite mining at Neyveli mines. Additionally, the auditors noted an Emphasis of Matter concerning a regulatory deferral liability of ₹411.57 Crore related to amounts billed to DISCOMs.

Dividend and Appointments

The Board recommended a final dividend of 2.50% (₹0.25 per equity share) for FY 2025-26, subject to shareholder approval. M/s Dhananjay V Joshi Associates was appointed as Cost Auditor for FY 2026-27. The firm has over 40 years of experience and a team of 7 professional Cost Accountants.

Eleven firms were appointed as Internal Auditors for FY 2026-27, including Keshri & Associates, Bandyopadhyaya Bhaumik Company, and B. Rattan and Associates.

The full format of the audited financial results is available on the stock exchanges' websites at www.nseindia.com and www.bseindia.com , as well as on the company's website at www.nlcindia.in .

NLC India , a Navratna Government of India Enterprise, has notified the stock exchanges of an upcoming Board of Directors meeting, in compliance with Regulations 29, 30, and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 06, 2026, was issued by the Company Secretary and Compliance Officer, Sushanta Kumar Panda.

Board Meeting Details

The meeting of the Board of Directors is scheduled to be held on Wednesday, May 13, 2026. The key agenda items to be considered and approved at the meeting are outlined below:

Trading Window Closure

In accordance with the company's Code of Internal Procedures and Conduct for Regulation, Monitoring and Reporting of Trading by Designated Persons, the trading window has been closed effective March 31, 2026. The closure will remain in effect until 48 hours after the following information is made public:

• Declaration of Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026
• Declaration of Final Dividend, if any, for Financial Year 2025-26

The formal intimation was submitted to both the National Stock Exchange of India Ltd. and BSE Ltd., as required under the applicable SEBI listing regulations.