NLC India Ltd Reports Significant Profit Surge in March Quarter
NLC India Ltd reported a nearly threefold increase in net profit for the March quarter, reaching Rs 1,393.46 crore. This marks a significant rise from Rs 481.96 crore a year earlier. The company also announced a 2.50% final dividend for 2025-26, pending approval. NLCIL is involved in lignite mining and power generation.
NLC India Ltd (NLCIL) has announced a remarkable financial performance for the March quarter, with its consolidated net profit nearly tripling to Rs 1,393.46 crore. This impressive growth is a substantial increase from Rs 481.96 crore recorded during the same period last year.
The company's total income also saw a considerable boost, rising to Rs 5,197.22 crore compared to Rs 3,971.90 crore in the previous year. Despite the increase in income, NLCIL experienced higher expenses, which climbed to Rs 4,327.14 crore from Rs 3,880.46 crore.
Furthermore, the board has sanctioned a final dividend of 2.50% for 2025-26, subject to the CAG audit's outcome and member approval at the upcoming annual general meeting. NLCIL continues to expand its operations, branching into renewable energy and coal mining both domestically and internationally.
(With inputs from agencies.)
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