Mumbai: NLC India Limited, a Navratna PSU under the Government of India, has announced its financial results for the quarter ended December 31, 2025. The company reported a net profit of ₹427.92 crore and revenue from operations of ₹2,885.08 crore in Q3 FY26.

The results were approved by the board on February 10, 2026, and later re-submitted to stock exchanges after correcting a technical issue related to the auditors’ digital signature in the earlier filing.

Top Highlights (Key Points)

1. Net Profit: ₹427.92 crore in Q3 FY26

2. Revenue from Operations: ₹2,885.08 crore

3. Total Income: ₹3,248.42 crore

4. Total Expenses: ₹2,555.43 crore

5. Profit Before Tax: ₹572.67 crore

6. Nine-Month Profit: ₹1,281.59 crore

7. Interim Dividend: ₹3.60 per share declared for FY26

8. Renewable Energy Assets: 1,430 MW transferred to subsidiary

9. Solar Projects: 158 MW commissioned at Barsingsar

10. Net Worth: ₹18,535 crore

Q3 FY26 Financial Performance

For the quarter ended December 31, 2025, NLC India reported:

• Revenue from operations: ₹2,885.08 crore

• Other income: ₹363.34 crore

• Total income: ₹3,248.42 crore

Total expenses stood at ₹2,555.43 crore, including employee costs, finance costs, depreciation, and operational expenses.

After tax adjustments, the company posted a net profit of ₹427.92 crore for the quarter.

For the nine months ended December 2025, the company recorded:

• Revenue: ₹7,945.59 crore

• Profit after tax: ₹1,281.59 crore

Also Read: Indian Oil Declares 2nd Interim Dividend FY 2025-26 at 20%

Renewable Energy Expansion

NLC India is expanding its renewable energy portfolio. The company recently transferred 1,430 MW renewable assets to its subsidiary, NLC India Renewables Limited, effective January 1, 2026.

Under the CPSU scheme, the company is also developing solar projects:

• 300 MW project at Barsingsar (Rajasthan)

• 200 MW project at Bhuj (Gujarat)

• 10 MW project at Neyveli (Tamil Nadu)

So far, 158 MW capacity has been commissioned at the Barsingsar solar project.

Dividend Announcement

The board declared an interim dividend of 36%, which equals ₹3.60 per equity share for FY 2025-26.

This move reflects the company’s continued effort to deliver shareholder returns while investing in expansion and energy transition projects.

Operational Challenges

The company mentioned land acquisition challenges at Neyveli mines, which may impact lignite mining operations. However, management stated that it is taking steps to overcome the issue and ensure uninterrupted fuel supply for power generation.

Additionally, NLC India is involved in multiple regulatory and tariff matters with electricity regulators and DISCOMs, which remain under legal or regulatory review.

About NLC India

NLC India Limited is a Navratna public sector enterprise engaged in lignite mining, power generation, and renewable energy projects. The company operates major mining and power projects in Tamil Nadu, Rajasthan, and other states and plays an important role in India’s power sector.