NLC India (513683) Q2 24/25 earnings summary

Executive summary

• Consolidated revenue from operations for H1 FY25 was ₹7,033.32 crore, up from ₹6,294.02 crore year-over-year.

• Consolidated net profit for H1 FY25 stood at ₹1,549.10 crore, compared to ₹1,499.51 crore in H1 FY24.

• Standalone net profit for H1 FY25 was ₹835.37 crore, down from ₹1,452.43 crore in H1 FY24.

• Final dividend of 15% for FY24 was declared at the AGM on 25.09.2024.

Financial highlights

• Consolidated EBITDA for H1 FY25 was ₹2,766.45 crore, with an operating margin of 19.06%.

• Standalone revenue from operations for H1 FY25 was ₹4,786.35 crore, compared to ₹5,072.33 crore in H1 FY24.

• Consolidated EPS (after regulatory deferral) for H1 FY25 was ₹11.17, up from ₹10.81 in H1 FY24.

• Net worth (consolidated) as of 30.09.2024 was ₹17,771.02 crore.

Outlook and guidance

• The company is in the process of filing tariff petitions for 2024-29 and truing up for 2019-24 within statutory timelines.

• Confident of overcoming land acquisition challenges at Neyveli mines to ensure lignite availability.