NILE Reports 84% Surge in Q1 Net Profit, Driven by Strong EBITDA Growth
Nile Limited, a lead and lead alloys producer, reported strong Q1 financial results with net profit increasing by 84% to ₹149 million. Despite stable revenue at ₹2.40 billion, EBITDA grew by 70.80% to ₹222 million, with EBITDA margin improving by 3.80 percentage points to 9.10%. The company also announced several corporate decisions, including leadership reappointments and the incorporation of a new subsidiary in Dubai.

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Nile Limited has reported a robust financial performance for the first quarter, with a significant increase in net profit and improved operational efficiency.
Financial Highlights
Metric | Q1 Performance | Year-over-Year Change |
---|---|---|
Net Profit | ₹149.00 million | +84.00% |
Revenue | ₹2.40 billion | Stable |
EBITDA | ₹222.00 million | +70.80% |
EBITDA Margin | 9.10% | +3.80 percentage points |
Performance Analysis
The company's impressive profit growth, despite flat revenue, indicates a strong focus on operational efficiency and cost management. The substantial improvement in EBITDA and EBITDA margin suggests that Nile has successfully optimized its operations and reduced costs during the quarter.
About Nile Limited
Nile Limited is primarily engaged in the production of lead and lead alloys. The company also has operations in wind energy, although this segment does not meet the criteria for separate reportable segment status.
Additional Corporate Developments
In a separate announcement, Nile Limited disclosed several key corporate decisions made during its Board Meeting:
- The company's Annual General Meeting is scheduled for September 30.
- The Board approved the re-appointment of Sri Vuyyuru Ramesh as Executive Chairman for a 5-year term, subject to shareholder approval.
- The re-appointment of Mr. Venkateswarlu Jonnalagadda as a Non-Executive Independent Director for a second 5-year term was recommended.
- Approval was given for the continuation of Mrs. Vuyyuru Rajeswari as a Non-Executive Director after she reaches 75 years of age.
- Nile Overseas Enterprise FZE, a subsidiary of Nile Limited, has incorporated a new subsidiary named ECO Metal Trading FZCO in the Jebel Ali Free Zone, Dubai, holding a 51% equity stake.
These developments indicate the company's focus on corporate governance and strategic expansion in international markets.
Investors and stakeholders will likely view Nile's Q1 performance positively, given the substantial improvement in profitability and operational efficiency. The company's ability to maintain revenue levels while significantly boosting profits showcases effective management and a resilient business model in the face of market challenges.
Historical Stock Returns for Nile
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.37% | +0.78% | +0.83% | +38.15% | -16.84% | +613.03% |