NLC India Limited, a Navratna public sector undertaking, has reported robust financial results for the first quarter, accompanied by significant operational achievements and strategic developments.

Strong Financial Performance

The company's revenue from operations rose 13.25% year-over-year to Rs. 3,825.61 crore in Q1, compared to Rs. 3,378.17 crore in the same period last year. Profit After Tax (PAT) surged an impressive 48.09% to Rs. 839.21 crore, up from Rs. 566.69 crore in Q1 of the previous year. Total income for the quarter grew 12.99% to Rs. 4,115.85 crore.

Operational Highlights and Project Milestones

NLC India achieved several notable operational milestones during the quarter:

• The Prime Minister dedicated NUPPL's 660 MW Unit 1 at Ghatampur Thermal Power Station to the nation.
• NUPPL successfully achieved oil synchronization of Unit-2 (660 MW) at the Ghatampur project.
• The company was declared the preferred bidder for phosphorite and limestone blocks in Chhattisgarh, marking its entry into critical minerals mining.
• NLC India Renewables Limited (NIRL) secured a 250MW/500MWhr Battery Storage System project from Tamil Nadu Green Energy Corporation.
• NIRL received a Letter of Award from NTPC for a 450 MW wind-solar hybrid project.

Strategic Developments

The Cabinet Committee on Economic Affairs (CCEA) approved a Rs. 7,000 crore investment in NIRL, beyond the Navratna guidelines issued by the Department of Public Enterprises. This strategic move is expected to bolster the company's renewable energy portfolio.

Capital Expenditure and Project Execution

NLC India demonstrated strong project execution capabilities, with capital expenditure achievement reaching Rs. 1,925.62 crore, representing 113% of the target of Rs. 1,708.88 crore for the quarter.

Subsidiary Performance

NUPPL, a subsidiary of NLC India, generated revenue from operations of Rs. 642.29 crore during the quarter, contributing to the group's overall strong performance.

Outlook

With its robust financial performance, significant operational achievements, and strategic investments in renewable energy, NLC India appears well-positioned for sustained growth in the power and mining sectors. The company's diversification into critical minerals mining and expansion of its renewable energy portfolio indicate a forward-looking approach to address the evolving energy landscape.

As NLC India continues to execute its growth strategy and capitalize on new opportunities, investors and stakeholders will likely keep a close watch on the company's performance in the coming quarters.

NLC India Limited, a 'Navratna' Government of India Enterprise, has announced a significant change in its senior management. Shri Prabhu Kishore Kavuru, who served as an Executive Director and was part of the company's Senior Management Personnel, has retired from his position.

Retirement Details

According to the company's official communication to the National Stock Exchange of India Ltd. and BSE Ltd., Shri Prabhu Kishore Kavuru's tenure as Executive Director concluded on July 31, 2025. The retirement comes as Shri Kavuru reached the age of superannuation, marking the end of his service with NLC India Limited.

Company Disclosure

NLC India Limited, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, formally notified the stock exchanges about this change in leadership. The company provided the following details as part of its disclosure:

About NLC India Limited

NLC India Limited, formerly known as Neyveli Lignite Corporation Limited, is a government-owned lignite mining and power generating company. As a 'Navratna' enterprise, it holds a significant position in India's energy sector. The company's registered office is located in Chennai, while its corporate office is situated in Neyveli, Tamil Nadu.

This leadership change comes as part of the natural progression in the company's management structure, aligning with standard retirement practices in public sector enterprises.

NLC India Limited has duly informed both stock exchanges about this change in senior management personnel, ensuring transparency and compliance with regulatory requirements.