NLC India (513683) Q2 25/26 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

• In-principle approval for up to ₹666 crore investment in NLC India Renewables Limited for green energy projects.

• Appointment of new Company Secretary and Compliance Officer effective October 30, 2025.

• Secured a ₹1,200 crore rupee term loan from Punjab National Bank for refinancing existing debt for Neyveli New Thermal Power Station.

Financial highlights

• Standalone revenue from operations for Q2 FY26 was ₹2,564.91 crore, up from ₹2,139.22 crore in Q2 FY25.

• Standalone net profit for Q2 FY26 was ₹485.49 crore, compared to ₹339.39 crore in Q2 FY25.

• Consolidated revenue from operations for Q2 FY26 was ₹4,178.41 crore, up from ₹3,657.33 crore in Q2 FY25.

• Consolidated net profit for Q2 FY26 was ₹724.80 crore, compared to ₹982.41 crore in Q2 FY25.

• Earnings per share (EPS) for the half year ended September 2025 (standalone, after regulatory adjustments) was ₹6.16, compared to ₹6.02 for the same period last year.

Outlook and guidance

• Company is confident of overcoming land acquisition challenges at Neyveli mines and has undertaken contingency mining to ensure lignite availability.

• Ongoing focus on green energy investments and expansion of renewable capacity.