Nile Limited Reports Q1 FY2026 Results, Announces Key Leadership Changes

Nile Limited , a leading player in the lead and lead alloys industry, has released its financial results for the first quarter of fiscal year 2026 and announced significant leadership changes and corporate developments.

Financial Performance

For the quarter ended June 30, 2025, Nile Limited reported a robust financial performance:

• Revenue from operations stood at ₹242.45 crore, compared to ₹245.48 crore in the same quarter last year.
• Net profit increased by 83.6% to ₹16.46 crore, up from ₹8.96 crore in Q1 FY2025.
• Earnings per share (EPS) rose to ₹54.73, compared to ₹29.86 in the corresponding quarter of the previous year.

Leadership Changes and Corporate Developments

The Board of Directors has approved several key decisions:

Executive Chairman Reappointment

Sri Vuyyuru Ramesh has been reappointed as Executive Chairman for a five-year term, from August 12, 2025, to August 11, 2030, subject to shareholder approval.

Independent Director Reappointment

The board recommended the reappointment of Mr. Venkateswarlu Jonnalagadda as a Non-Executive Independent Director for a second five-year term, from August 12, 2026, to August 11, 2031.

Director Continuation

Approval for the continuation of Mrs. Vuyyuru Rajeswari's directorship after she turns 75 on September 15, 2026, subject to shareholder approval.

Auditor Appointments

The company has approved the appointment of cost and secretarial auditors, with the secretarial auditor appointed for a five-year term from FY 2025-26 to FY 2029-30.

Expansion into Dubai

In a strategic move to expand its international presence, Nile Overseas Enterprise FZE, a wholly-owned subsidiary of Nile Limited, has incorporated a new subsidiary:

• ECO Metal Trading FZCO: Established in the Jebel Ali Free Zone, Dubai, with Nile Overseas Enterprise FZE holding a 51% equity stake.

Annual General Meeting

The company has set important dates for its upcoming Annual General Meeting:

• AGM Date: September 30, 2025
• Cut-off Date for Voting Eligibility: September 23, 2025

Investors and stakeholders are advised to mark these dates for participation in the AGM and voting on proposed resolutions.

Nile Limited's strong financial performance, coupled with strategic leadership changes and international expansion, signals the company's commitment to growth and shareholder value. The upcoming AGM will provide an opportunity for shareholders to engage with the management and vote on these significant developments.