NLC India Limited announced its financial performance for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of ₹3,769.46 crore for the full financial year, driven by strong operational performance in mining and power segments. Furthermore, the board recommended a final dividend of 2.50% (₹0.25 per equity share) for the fiscal year 2025-26, subject to approval at the upcoming Annual General Meeting.
Financial Performance Highlights
For the financial year ended March 31, 2026, NLC India achieved a consolidated revenue from operations of ₹17,489.53 crore, compared to ₹15,282.96 crore in the previous year. The consolidated net profit attributable to the owners of the company reached ₹3,522.20 crore for the fiscal year, demonstrating steady growth. In the final quarter, the company recorded a consolidated profit of ₹1,481.45 crore.
Segment-Wise Revenue Contribution
The company’s diverse portfolio continued to drive value. The Mining segment generated ₹8,795.50 crore in annual revenue, while the Thermal Power segment contributed ₹14,442.80 crore. The Renewable Energy sector, a key area of strategic growth, reported annual revenues of ₹726.06 crore. These figures underscore the company’s commitment to balanced energy production across conventional and renewable sources.
Strategic Corporate Developments
During the fiscal year, NLC India significantly expanded its investment footprint in subsidiaries, including NLC India Renewables Limited (NIRL) and Neyveli Uttar Pradesh Power Limited (NUPPL). The company also completed the transfer of 1,430 MW of renewable energy assets to NIRL under a slump sale basis to align with the National Monetization Pipeline. Additionally, the board approved the appointment of new Cost Auditors and a panel of Internal Auditors for the 2026-27 financial year to strengthen governance and operational oversight.
Dividend Recommendation
Recognizing shareholder value, the Board of Directors has recommended a final dividend of 2.50%, amounting to ₹0.25 per equity share for the financial year 2025-26. This recommendation follows an interim dividend payout of 36% (₹3.6 per share) declared earlier in the year. The final dividend payment remains subject to audit by the Comptroller and Auditor General of India and final approval by shareholders at the next Annual General Meeting.
Source: BSE