NAVA LIMITED announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The Board of Directors approved the consolidated and standalone financial results during their meeting held on February 05, 2026. The meeting commenced at 11:00 a.m. (IST) and concluded at 12:35 p.m. (IST). Key highlights from the financial results include total consolidated revenue from operations of ₹2,80,500.67 lakh for the nine months ended December 31, 2025, and ₹99,111.51 lakh for the third quarter ended December 31, 2025. The company's standalone revenue from operations stood at ₹2,78,851.65 lakh for the nine months and ₹84,249.38 lakh for the third quarter. The company's auditor, Walker Chandiok & Co LLP, has issued a limited review report on these results. The report highlights potential uncertainties regarding the recoverability of overdue trade receivables amounting to ₹31,525.88 lakh from a customer of Maamba Energy Limited, a step-down subsidiary. These receivables are secured by a sovereign guarantee from the Government of Zambia, and despite a favorable arbitration award, the management has recorded an Expected Credit Loss (ECL) allowance of ₹3,044.01 lakh due to uncertainties with the debtor's financial ability and past experiences of delays. Additionally, the auditor's report mentions a lawsuit involving a subsidiary, Brahmani Infratech Private Limited, where the outcome is currently unascertainable. The company has treated the claims filed as contingent liabilities/assets, with no adjustment deemed necessary to the accompanying statement for this matter. The financial results also reflect the impact of the four new Labour Codes notified by the Government of India on November 21, 2025. The company has recognized a one-time increase in provisions for gratuity and leave encashment amounting to ₹332.18 lakh (consolidated) and ₹288.34 lakh (standalone) as an employee benefit expense.
