Nava Limited announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025. The company reported a consolidated total income of ₹1,061.5 crore, marking a 7.3% increase quarter-on-quarter and a 20.9% rise year-on-year. Net profit for the quarter surged by 83.5% QoQ to ₹325.7 crore. The Energy division, particularly Maamba Energy Limited (MEL), contributed significantly. MEL realized US$20 million towards arrears from ZESCO, reducing outstanding arrears to US$30.5 million. MEL also distributed dividends, cumulatively US$89.5 million to Nava Global, which enabled dividend payments and share buybacks for Nava Limited. Project updates include the ongoing construction of MSEL's 100 MW solar power project in Zambia, expected to be commissioned in H1 FY27. MEL's 300 MW expansion project is progressing, with commissioning now anticipated in H2 FY27. The Nava Avocado plantation achieved its first harvest, and the Kawambwa Sugar project is scheduled for commissioning by April 2028. On a standalone basis, total revenue was ₹499.7 crore, an increase of 68.9% YoY, with Profit After Tax (PAT) at ₹135.3 crore, up 185.6% YoY. Ferro Alloys revenue grew 60.3% YoY due to increased sales quantity. The company also received a US$10 million dividend from NGPL during the quarter. Mr. Ashwin Devineni, MD & CEO, commented, "Nava delivered a strong performance in Q3 FY26, marked by a sharp improvement in profitability, disciplined cost management, and sustained operational reliability across our core businesses. The successful completion of Nava Global’s US$50 million buyback and steady dividend flows underscore our commitment to shareholder value." He added that the company remains focused on prudent execution and capital discipline for consistent long-term returns. Nava Limited will host a conference call to discuss the quarterly financial results on Thursday, February 5, 2026, at 1600hrs (IST).
