Nagpur Power Reports Q2 FY26 Loss, Appoints New Company Secretary
Nagpur Power & Industries Limited (NPIL) reported a standalone net loss of Rs 38.55 lakhs in Q2 FY26, down from a profit of Rs 109.47 lakhs in Q2 FY25. Consolidated operations also showed a loss of Rs 98.86 lakhs. Total consolidated revenue decreased to Rs 1,538.30 lakhs from Rs 1,808.21 lakhs year-over-year. The company's segments showed mixed performance, with the Electro Mechanical Division being the only profitable segment. NPIL appointed Ms. Akansha Patel as the new Company Secretary and Compliance Officer, effective November 19, 2025.
*this image is generated using AI for illustrative purposes only.
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:
| Particulars | Q2 FY26 (Standalone) | Q2 FY26 (Consolidated) | Q2 FY25 (Standalone) | Q2 FY25 (Consolidated) |
|---|---|---|---|---|
| Total Income | 33.76 | 1,563.41 | 179.05 | 1,985.89 |
| Total Expenses | 72.31 | 1,662.27 | 69.58 | 1,704.04 |
| Profit/(Loss) before tax | (38.55) | (98.86) | 109.47 | 281.85 |
| Profit/(Loss) after tax | (38.55) | (98.86) | 109.47 | 281.85 |
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.
Historical Stock Returns for Nagpur Power & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.21% | +0.16% | -2.62% | -25.45% | -22.74% | +354.82% |
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