Nava Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors has recommended a final dividend of 550%, amounting to ₹5.50 per equity share. The company reported robust operational growth, strong consolidated revenue, and significant net profits, bolstered by its diversified portfolio in Ferro Alloys, Energy, and Mining sectors, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Highlights
For the financial year ended March 31, 2026, Nava Limited reported a strong consolidated revenue from operations of ₹4,29,091.72 lakhs. The company achieved a consolidated net profit attributable to shareholders of the holding company of ₹78,666.94 lakhs. These results underscore the company’s resilient operational performance across its core business segments during the fiscal year.
Dividend Recommendation
The Board of Directors has recommended a final dividend of 550% for the financial year ended March 31, 2026. This translates to ₹5.50 per equity share with a face value of ₹1/- each. This dividend payout remains subject to the approval of shareholders at the company’s forthcoming Annual General Meeting.
Strategic Appointments and Governance
In a move to strengthen its leadership, the Board has approved several key appointments: Mr. Trivikrama Prasad Pinnamaneni will continue as a Non-Executive Director for 5 years effective May 15, 2026. Mr. GRK Prasad has been re-appointed as an Executive Director for 2 years starting June 28, 2026, and Mr. Mwelwa Chibesakunda will continue as an Independent Director for another 5 years from November 14, 2026.
Operational Focus
The company continues to expand its scope in power generation. The Board has approved an alteration to the Memorandum of Association, specifically targeting the expansion of its capacity to generate, distribute, and supply electricity using diverse energy sources, including thermal, hydro, gas, solar, wind, tidal, and nuclear energy. Additionally, the company has appointed M/s. Sagar & Associates as Cost Auditors for the FY 2026-27.
Source: BSE
