NLC India posts record revenue and profit in April–December 2025

NLC India Limited reported its highest-ever revenue and profit for the nine-month period ended December 2025, supported by improved financial performance and progress across thermal power, mining, and renewable energy operations.

On a standalone basis, revenue from operations stood at Rs 7,945.59 crore, a year-on-year increase of 5.06%. Profit after tax rose 3.04% to Rs 1,281.59 crore. On a consolidated basis, group revenue reached an all-time high of Rs 12,447.07 crore, up 8.74% year on year, while profit after tax increased 1.91% to Rs 2,288.02 crore.

During the period, the company achieved commercial operation of a 660 MW unit at the NUPPL GTPP. It also recorded its highest single-day coal production and dispatch at the Talabira Mine, commissioned a 300 MW solar plant at Barsingsar, its largest solar facility at a single location, and commenced operations at the Pachwara South Open Cast Mines.

NLC India reported several developments in its renewable and green energy portfolio. These included receipt of a Letter of Award for a 110 MW solar project, signing of its first green loan agreement of USD 100 million for renewable energy funding, and execution of a joint venture agreement to develop 2,000 MW of green energy capacity. The company also signed a memorandum of understanding for solar and hybrid projects in Odisha, entered into a long-term power purchase agreement for a 200 MW wind project, and received approval for setting up a 4 MW green hydrogen plant.

The company highlighted improvements in financial management, with cash collections from debtors exceeding Rs 10,000 crore. Capital expenditure during the period reached Rs 6,242 crore, surpassing the annual target. NLC India also declared its highest interim dividend in five years and received an “Excellent” rating in the Department of Public Enterprises memorandum of understanding evaluation for FY 2024–25, along with multiple awards for financial reporting and corporate performance.

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