Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Put words in double quotes for exact word search, eg: "income tax"
  2. Avoid noise words such as : 'and, of, the, a'
  3. Sort by Relevance to get the most relevant document.
  4. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  5. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  8. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
    Maintaining sustained growth top priority, says FM Sitharaman
    PM Modi inaugurates, dedicates to nation Rs 4,900 crore worth projects in TN
    Air India pays interim compensation to families of 166 Ahmedabad crash victims
    Exclusion of Aadhaar, ration cards in SIR 'patently absurd': Petitioner NGO to SC
    India-UK free trade agreement 'game-changing', every section stands to benefit: Goyal
    Trump plays golf in Scotland while protesters take to the streets and decry his visit
    Defence forces once waited for order from Delhi, now giving befitting reply: Nadda
    PM Modi departs for home after concluding visit to Maldives
    TMC MP accuses BJP-ruled states of harassing Bengali-speaking migrants
    Andhra CM Naidu to visit Singapore for investment push, diaspora meet
    Delhi's CM Shri schools likely to be inaugurated in September
    Delhi govt working on logistics, warehousing policy to reduce freight congestion, cut logistics costs
    Assam Cong demands CBI probe into assistant engineer’s ‘suicide’
    Bengali speakers being targeted despite having documents: TMC MP Samirul Islam
    Pearl Academy, the Only Design Education Institution at India Couture Week, Presents Falguni Shane Peacock; Students Work Backstage with India''s Top ...
    OMG Face of the Year Season 3 Returns: Bigger, Brighter, and More Glamorous Than Ever!
    Nuvama initiates coverage with a ‘BUY’ rating on AGI Infra (AGIIL) with a target price of Rs 1448
    India's seafood exports set to compete with Vietnam, Singapore after UK trade deal
    'Harmony in Diversity: Promoting Cultural Exchange Through Music'
    Following are the top foreign stories at 1700 hours

Are you sure you want to delete "My most important" ?

NOTE:

Back

All News

Showing Results for : Category : All
Reset Filters
Showing
Records
ExpandCollapse
    Back

    All News

    Showing Results for : Category : AllReset Filters
    Case ID :

    NAVA Delivers Record-Breaking FY25 Results: Highest-Ever Revenue Up 4.6%, Net Profit Surges 14.2%

    May 17, 2025

    📋
    Contents
    Summary
    Note

    Note

    Note

    Bookmark

    print

    Print

    Hyderabad, May 17, 2025: NAVA Limited, a diversified Indian multinational conglomerate operating across multiple sectors including Metals, Mining, Energy, Commercial Agriculture and Healthcare, announced its financial results for the quarter and year ended March 31, 2025.

    Financial Highlights for FY25 (Consolidated) • Total revenue at INR 4,135.2 cr – Highest ever : with YoY growth of 4.6% • Consolidated PAT at INR 1,434.0 cr - Highest ever , with YoY growth of 14.2% • Recommended Final dividend of INR 6 per share; this is in addition to interim dividend of INR 4 per share (paid before share split).

    Financial Highlights for Q4 FY25 (Consolidated) • Total revenue at INR 1,055.8 cr, with QoQ growth of 20.2% and YoY growth of 10.9% • PAT at INR 302.8 cr, with QoQ de-growth of 14.3% and YoY growth of 18.8% Other Highlights • Maamba Energy Limited (MEL) Board has declared dividend of US$ 50.0 Mn, subject to shareholders approval.

    • MEL has repaid shareholder loans and outstanding interest fully to the sponsors in Apr 25. Since Apr 24, MEL paid US$ 196.0 Mn to both the sponsors • Nava received approvals for converting the 60 MW unit CPP into IPP which shall pave way for higher operational Plant Load Factors (PLFs) from Q3 FY26 • Maamba Solar Energy Limited (MSEL) signed 20 year PPA with ZESCO Limited for 100 MW solar project at tariff of US$ 7.80 cents/kWh. Initiated works on EPC contractor Finalisation, debt funding, investment incentives etc • During the quarter received dividend of Rs. 30.4 cr from subsidiary Nava Bharat Projects Limited thereby, the cumulative dividend income from subsidiaries for the year 2024-25 is Rs. 114.3 cr.

    Segment wise highlights: 1. Energy • India: 114 MW power plant has significantly improved operational performance and made profit of Rs. 38.3 cr Vs Rs. 3.0 cr for FY24.

    • Odisha power units continue to operate at healthy PLFs and good margins owing to coal cost advantages.

    • NBEIL’s 150 MW power plant operated at increased PLF of 69.9% Vs 63.8% for FY24 and made PBT of Rs. 126.4 cr Vs Rs. 115.8 cr for FY24. • Zambia: MEL’s 300 MW power plant sustained the high PLF of 90% for FY25. ECL provision reversal for the year was US$ 17.1 Mn Vs US$ 23.5 Mn for FY24. During the quarters both units underwent planned shutdown reducing the plant availability to 80.9% Vs 95.1% for Dec 24. 2. Metals • Metals division profitability turned around from loss of Rs. 70.7 cr for FY24 to profit of Rs. 27.6 cr for FY25. During the quarter sold 42,327 MT Vs 20,068 MT for Dec 24 significantly adding to the revenue and profitability. Ferro Silicon Alloys sustained good margins in export market.

    3. Mining • Mining division continues stable operations, external sales and profitability.

    4. Commercial agriculture • Avocado Plantation: Approximately 168,000 avocado trees planted till date. Trees are healthy and establishing well with good growth.

    • Integrated Sugar Project: Seed cane nursey is ready for multiplication and more plantlets are being planted for multiplication. Land preparation works have started and irrigation system is being developed in phases. Progress is being made on debt funding, EPC contract etc Commenting on the results, Ashwin Devineni, Chief Executive Officer, said, “For FY25, NAVA Group delivered multiple milestones. Our consolidated revenue was INR 4,135 cr at a YoY growth of 4.6%, and a PAT of Rs 1,434 crore. Our revenue and profit for the year are the highest ever.

    All our major segments – Metals, Mining and Energy, have shown robust growth as compared to last year. Our ferro alloys business has significantly turned around and contributed to the improvement in profit in FY25.

    We have also seen significant improvement in MEL’s receivables position. Post the close of the financial year, MEL received US$ 55.0 Mn which has helped it repay its shareholder loans in full to the sponsors.

    With an objective to improve shareholder value, we completed two corporate actions during the last financial year – a stock split in Q3 and a share buyback for Rs. 360.0 cr in Q4. In addition to these, we continue to maintain our dividend distribution at a healthy rate.

    Our new projects under Maamba Solar, Nava Avocado and Kawambwa Sugar are showing encouraging progress. We are progressing on a robust cash and capital allocation plan which sufficiently meets our expansion objectives.

    Finally, I would like to extend a warm welcome to Mr. K V S Vithal, who has joined us as Chief Financial Officer (CFO) of NAVA Group with effective from February 8, 2025.” Quantitative Table of Operational Data (Sales Qty): Quarter Financial Year   Mar-25 Mar-24 YoY% Dec-24 FY 2025 FY 2024 YoY% Metals (MT) Silico Manganese 37,645 31,725 18.7% 17,358 94,686 113,942 -16.9% Ferro Silicon 4,682 1,345 248.1% 2,710 12,162 1,345 804.1% Energy (MUs) Nava - Merchant Sales 163 113 43.6% 142 768 615 24.8% Nava – Captive Consumption 172 143 20.4% 162 632 535 18.2% NBEIL 200 166 20.1% 118 783 721 8.6% MEL 464 488 -5.0% 557 2,109 2,110 -0.1% Mining (MT 000’s) MEL – Coal 101 96 5.2% 107 443 488 -9.2% About NAVA NAVA (Estd: 1972, NSE: NAVA BSE : 513023 / NAVA) is a publicly listed multinational conglomerate with global footprint of mulit-faceted businesses and is a front-runner in ferro alloy manufacturing, energy and mining for over 50 years. Nava is now spreading its wings to other high-potential sectors like Healthcare and Commercial Agriculture.

    For more information, please visit www.navalimited.com Nava Limited will host a conference call to discuss the quarterly financial results on May 16, 2025 at 1600 hrs (IST). Investors and stakeholders are invited to visit the company’s website for more details. ​ VSN Raju Company Secretary Nava Limited Tel : +91 40 23403501 / +91 40 67283333 Email : investorservices@navalimited.com Lisa Rufus G Media Relations Nava Limited Tel : +91 40 23403501 / +91 40 67283333 Email : lisa.r@navalimited.com Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Nava Limited (formerly Nava Bharat Ventures Limited) will not be in any way be responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

    (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

    Topics

    ActsIncome Tax