NLC India Limited Reports Quarterly Results and Appoints Tax Auditor
NLC India Limited, a Government of India Enterprise, has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on Friday, August 7, 2026. The company also confirmed the appointment of M/s Sundaram & Srinivasan, Chartered Accountants, as its Tax Auditor for the Financial Year 2025-26.The financial statements detail operational performance across all segments and provide insights into the company's debt structure and regulatory income recognition.
Key Financial Highlights (in Crore)
| Metric | Q ending June 30, 2026 (Unaudited) | Q ending March 31, 2026 (Audited) | Year ended March 31, 2026 (Audited) |
|---|---|---|---|
| Revenue from Operations | 4,716.75 | 5,042.46 | 17,489.53 |
| Total Income | 4,867.85 | 5,197.22 | 18,466.89 |
| Profit Before Tax (PBT) | 651.55 | 1,517.59 | 3,875.12 |
| Net Profit | 436.33 | 1,481.39 | 3,769.46 |
| Operating Margin (consolidated) | 18.41% | 30.35% | 22.39% |
Standalone Financial Performance Analysis
The company's standalone results show robust performance for the quarter ending June 30, 2026. Total income stood at 2,991.47 crore. Expenses totaled 2,508.22 crore, resulting in a profit before exceptional items, tax and rate activity of 483.25 crore.The results indicate steady operational figures compared to the quarter ended March 31, 2026. The standalone profitability metrics include:
| Metric | Q ending June 30, 2026 (Unaudited) | Q ending March 31, 2026 (Audited) |
|---|---|---|
| Revenue from Operations | 2,871.73 crore | 2,918.33 crore |
| Total Expenses | 2,508.22 crore | 2,551.63 crore |
| Net Profit for the period | 374.28 crore | 1,243.46 crore |
| Earnings per Share (Basic) | 2.701 in Rs. | 8.97 in Rs. |
Consolidated Financial Overview
The consolidated results demonstrated operational strengths across the group, with Total Income reaching 18,466.89 crore for the fiscal year ended March 31, 2026. The consolidation figures include:| Metric | Q ending June 30, 2026 (Unaudited) | Q ending March 31, 2026 (Audited) | Year ended March 31, 2026 (Audited) |
|---|---|---|---|
| Revenue from Operations | 4,716.75 crore | 5,042.46 crore | 17,489.53 crore |
| Total Profit Before Tax | 651.61 crore | 1,517.65 crore | 3,875.40 crore |
| Net Profit | 436.33 crore | 1,481.39 crore | 3,769.46 crore |
Corporate and Operational Updates
Tax Auditor Appointment:The Board of Directors approved the appointment of M/s Sundaram & Srinivasan, Chartered Accountants, as the Tax Auditor of NLC India Limited for the Financial Year 2025-26. M/s Sundaram & Srinivasan was established in 1943 and has 15 partners, with its head office in Chennai and branches in Madurai, Bangalore, Mumbai, and Hyderabad.
Project Status and Regulatory Matters:
- One of the key developments mentioned is that the Ghatampur Thermal Power Project (GTPP) Unit-3 successfully achieved Commercial Operation Date (COD) on June 13, 2026. With this commissioning, the entire Ghatampur Thermal Power Project (3 x 660 MW), which has a total installed capacity of 1,980 MW, is now fully commissioned.
- Regarding regulatory income, it was noted that income amounting to approximately 50.86 crore for Q1 FY2026-27 and cumulatively 238.36 crore has been recognized under the regulatory deferral account based on applicable 2024-29 operating norms for NLC India Limited.
- The company also maintained the required security cover as per the terms of the offer document and Debenture trust deed regarding its listed non-convertible debt securities.
Financial Structure and Debt Compliance
The organization's financial strength is supported by various metrics related to assets, liabilities, and solvency ratios:| Metric | Q ending June 30, 2026 (Unaudited) | Q ending March 31, 2026 (Audited) |
|---|---|---|
| Net Worth | 22,069.07 crore | 21,524.76 crore |
| Debt Equity Ratio | 1.27 | 1.29 |
| Debt Service Coverage Ratio (DSCR) | 3.55 | 1.47 |
| Current Ratio | 0.81 | 0.80 |
The company's security cover for listed secured debt securities was certified as adequate, and the management confirmed compliance with all covenants related to these debentures as of June 30, 2026.
NLCINDIA Stock Price Movement
Shares of NLC India Limited today slipped by 0.33% to settle at ₹304.4 after market close. The stock saw a trading volume reaching 1.53 million shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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