NLC India Limited announced its Q3FY26 unaudited financial results, achieving all-time highest ever revenue from operations and profit after tax for nine months in FY 2025-26. The Navratna Government of India Enterprise demonstrated strong operational performance with significant milestones across its business segments.

Q3FY26 Financial Performance

The company's board of directors approved the standalone and consolidated unaudited financial results for the quarter ended December 31, 2025, in their meeting held on February 10, 2026. The quarterly performance showed consistent growth across key financial metrics.

Record-Breaking Nine Months Performance

For the nine months ended December 31, 2025, NLC India achieved all-time highest ever revenue from operations and profit after tax. The company recorded revenue from operations of ₹7,945.59 crore compared to ₹7,562.63 crore in the corresponding period of the previous year, representing a growth of 5.06%.

Major Operational Milestones

During Q3 2025-26, NLC India achieved several significant operational milestones. NUPPL GTPP's Unit II (660 MW) of 1,980 MW successfully achieved Commercial Operation Declaration (COD) on December 9, 2025. Talabira Mine set new records with highest single day coal production of 1,01,040 tonnes on December 30, 2025, and highest single day coal dispatch of 91,124 tonnes on December 31, 2025.

Group Performance and Strategic Initiatives

The group achieved all-time highest ever nine months revenue from operations of ₹12,447.07 crore against ₹11,446.97 crore in the previous year, registering a growth of 8.74%. Group profit after tax reached ₹2,288.02 crore compared to ₹2,245.14 crore in the previous year, showing a growth of 1.91%.

Awards and Recognition

NLC India received multiple prestigious awards during the period. The company won the Silver Shield at the ICAI Awards for Excellence in Financial Reporting 2024-25, secured 2nd Rank in the PRSI Awards for the Annual Report for FY 2024-25, and won the SKOCH Award for Corporate Excellence in Financial Performance. Under the MoU evaluation by DPE, NLCIL received an "Excellent" rating for FY 2024-25.

Dividend and Financial Highlights

The company declared an interim dividend of 36% (₹3.60 per equity share) on the face value of paid-up equity shares for FY 2025-26, the highest since the last five years. Cash realisation from debtors crossed ₹10,000 crore, reaching ₹10,242 crore. The company recorded Capex of ₹6,242 crore up to December 2025, exceeding the FY 2025-26 annual target by 23%.

NLC India Renewables Limited has been awarded a significant 600MW renewable energy project, marking a major milestone in the company's expansion into the clean energy sector.

Project Award Details

The renewable energy subsidiary has successfully secured this substantial contract, which represents a considerable addition to its project portfolio. The 600MW capacity project demonstrates the company's growing capabilities in the renewable energy space.

Strategic Significance

This project award represents a significant development for NLC India's renewable energy division. The 600MW capacity addition aligns with the company's strategic focus on expanding its presence in India's growing clean energy market.

The successful bid demonstrates the company's technical capabilities and competitive positioning in the renewable energy sector. This achievement is expected to strengthen the company's renewable energy portfolio and contribute to its long-term growth objectives.

Market Impact

The project award reflects the increasing opportunities in India's renewable energy sector and NLC India's ability to capitalize on these market developments. The 600MW project represents a substantial commitment to clean energy infrastructure development.

This development positions NLC India Renewables as a significant player in the country's renewable energy landscape, contributing to India's ambitious clean energy targets and sustainable development goals.