Financial

NLCIL reports Standalone profit of Rs 495 cr in Q1 FY 25

NLCIL reports Standalone profit of Rs 495 cr in Q1 FY 25

Major Highlights during the Q1 2024-25 

  • Emerged as successful bidder for Machhakata (Revised) Coal block, Odisha (30 MTPA) under commercial auction conducted by Ministry of Coal and Coal Mine Development and Production Agreement (CMDPA) executed with Nominated Authority, MoC. This is the second commercial coal mine won by NLCIL in the competitive bidding.

  • Approval of GoI received for implementation of Pachwara South Coal Block (PSCB) project at Jharkhand State by NUPPL, a subsidiary company of NLCIL, at an estimated capital cost of Rs.2242.90 Crore.

  • MoU signed with M/s DVC for supply of 2.0 MTPA of coal from Talabira II & III Mines

  • Consent to Operate (CTO) and Product approval for OB to M-Sand Plant of Mine–IA was obtained from GoTN.

  • Biomass co-firing on trial basis was successfully completed at Barsingsar Lignite based CFBC Thermal Power Station.

  • Conferred with “Best Exhibitor Award (Coal Category)” at the Mines Safety Awards (MSA) 2024 organized by the All India Mines Safety Association under the aegis of DGMS

  • Conferred with “Best ESG Report” Award for the integrated Annual Report for FY 2022-23 in the 11th edition of “The Original National Awards for Excellence”

  • CMD conferred with “Best CEO Corporate Management Innovative Excellence Award 2023–24” during the 24th Annual Geominetech International Symposium.

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Key Highlights – Physical Performance

  • The Company has achieved 22.17% growth in Lignite production during Q1 of FY 2024-25 i.e. 61.67 LT compared to Q1 of FY 2023-24 i.e. 50.48 LT

  • The Company has raised its Coal production to 28.46 LT which is 35.27% growth during Q1 of FY 2024-25 compared to Q1 of FY 2023-24 i.e. 21.04 LT.

  • The Company's Gross Power Generation increased to 6,133.67 MU which is 13.48% higher than Q1 of FY 2023-24 i.e. 5,405.17 MU. This includes Renewable Power Generation of 547.13 MU as against 539.59 MU of Q1 of FY 2023-24.

  • The Group Gross Power Generation increased to 7,554.08 MU which is 10.38% more than Q1 of FY 2023-24 i.e. 6,843.42 MU. This includes Renewable Power Generation.

  • The company has achieved Plant Availability Factor (PAF) of all thermals is 73.56% in Q1 of FY 2024-25 compared to Q1 of FY 2023-24 i.e 62.63%

  • The company has achieved Plant Load Factor (PLF) of all thermals is 70.27% in Q1 of FY 2024-25 compared to Q1 of FY 2023-24 i.e 61.20%

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Key Highlights – Financial Performance

STANDALONE

  • Profit After Tax (PAT) for the period for the Quarter ended 30.06.2024 is Rs.495.98 Crore as against Rs.331.02 Crore in the corresponding period of the previous year, registering a growth of 49.83%.

  • Profit Before Tax (PBT) for the Quarter ended 30.06.2024 is Rs. 730.54 crore as against Rs. 487.58 crore in the corresponding period of the previous year, registering a growth of 49.83%.

  • The EBITDA for the Quarter ended 30.06.2024 is Rs. 1,221.86 crore as against Rs. 1,028.47 crore in the corresponding period of the previous year, registering a growth of 18.80%.

  • The Total Income of the Company for the Quarter ended 30.06.2024 is Rs. 2,901.53 crore as against Rs. 2,689.65 crore in the corresponding period of the previous year, registering a growth of 7.88%.

CONSOLIDATED

  • Profit After Tax (PAT) of the Group for the Quarter ended 30.06.2024 is Rs.566.69 Crore as against Rs.413.57 Crore in the corresponding period of the previous year, registering a growth of 37.02%.

  • Profit Before tax (PBT) of the Group for the Quarter ended 30.06.2024 is Rs.821.66 Crore as against Rs.613.53 Crore in the corresponding period of the previous year, registering a growth of 33.92%.

  • The EBITDA of the Group for the Quarter ended 30.06.2024 is Rs.1,444.38 Crore as against Rs.1,305.80 Crore in the corresponding period of the previous year, registering a growth of 10.61%.

  • The Total Income of the Group for the Quarter ended 30.06.2024 is Rs.3,640.60 Crore as against Rs.3,428.48 Crore in the corresponding period of the previous year, registering a growth of 6.19%.

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