Nagpur Power & Industries Limited announced its unaudited financial results for the quarter ended December 31, 2025, presenting a mixed performance across its standalone and consolidated operations. The Board of Directors approved these results at their meeting held on February 13, 2026.

Consolidated Financial Performance

The company's consolidated operations demonstrated positive momentum during Q3FY26. Revenue from operations reached ₹2,062.97 lakhs, representing a significant increase from ₹1,538.30 lakhs in the previous quarter and ₹1,445.79 lakhs in Q3FY25.

The consolidated net profit of ₹45.63 lakhs marked a significant turnaround from the loss of ₹98.86 lakhs in the previous quarter and ₹261.53 lakhs in the corresponding quarter of the previous year.

Standalone Operations Performance

The standalone entity presented a different picture, with no revenue from operations during the quarter. The company recorded other income of ₹51.88 lakhs, resulting in total income of ₹51.88 lakhs for Q3FY26.

Despite the standalone loss, the company showed improvement compared to previous periods, with reduced losses and lower expense levels.

Segment-wise Performance Analysis

The consolidated operations span three business segments, with varying performance levels during the quarter:

Electrical Division: Generated revenue of ₹899.43 lakhs with segment profit of ₹164.38 lakhs, demonstrating strong profitability.

Electro Mechanical Division: Achieved revenue of ₹1,163.54 lakhs but recorded a segment loss of ₹89.94 lakhs.

Ferro Manganese Operations: The High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag segment reported no revenue but showed a reduced loss of ₹0.94 lakhs.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, consolidated operations showed:

• Revenue from operations: ₹5,165.16 lakhs (vs ₹4,477.25 lakhs in 9MFY25)
• Net loss: ₹14.56 lakhs (vs profit of ₹81.32 lakhs in 9MFY25)
• Total comprehensive income: ₹46.22 lakhs

The company maintained its paid-up equity share capital at ₹1,309.55 lakhs with a face value of ₹10 per share. The results were reviewed by the Audit Committee and approved by the Board of Directors, with limited review reports provided by Parekh Sharma & Associates, Chartered Accountants.

Nagpur Power & Industries Limited (NPIL) has reported mixed financial results for the second quarter of fiscal year 2026, alongside a key management appointment. The company, which operates in the High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag sector, as well as Electrical and Electro Mechanical divisions, faced challenges in its standalone operations while showing some resilience in its consolidated performance.

Financial Performance

For Q2 FY26, NPIL reported a standalone net loss of Rs 38.55 lakhs, a significant downturn from the profit of Rs 109.47 lakhs recorded in the same quarter of the previous fiscal year. The consolidated operations also reflected this downward trend, with a loss of Rs 98.86 lakhs compared to a profit of Rs 281.85 lakhs in Q2 FY25.

The company's financial results for the quarter ended September 30, 2025, are summarized in the following table:

All figures in Rs. lakhs

The consolidated revenue from operations for Q2 FY26 stood at Rs 1,538.30 lakhs, showing a decrease from Rs 1,808.21 lakhs in the corresponding quarter of the previous year. The Electrical Division contributed Rs 908.57 lakhs to the revenue, while the Electro Mechanical Division added Rs 629.73 lakhs.

Segment Performance

The segment-wise results revealed varied performances:

• The High/Medium/Low Carbon Ferro Manganese and Silico Manganese Slag segment reported a loss of Rs 38.37 lakhs.
• The Electrical Division posted a loss of Rs 22.37 lakhs.
• The Electro Mechanical Division showed a profit of Rs 6.68 lakhs.

Management Changes

In a significant development, NPIL announced the appointment of Ms. Akansha Patel as the new Company Secretary and Compliance Officer, effective November 19, 2025. Ms. Patel, an Associate Member of the Institute of Company Secretaries of India (ICSI), brings one year of post-qualification experience in secretarial and compliance matters to her new role.

Looking Ahead

While the company faces challenges reflected in its Q2 results, the appointment of a new Company Secretary may signal NPIL's commitment to strengthening its corporate governance and compliance framework.

The Board of Directors approved these results at their meeting held on November 19, 2025. As per the company's announcement, the trading window for insiders will reopen 48 hours after the declaration of these unaudited financial results.