NLC India Q2 FY26 Profit Falls 26.2% YoY to ₹724.8 Crore; Revenue From Operations Up 14.2%

Chennai, October 29, 2025 – In a recent regulator announcement, NLC India Limited (NSE: NLCINDIA, BSE: 513683) reported its financial results for the quarter Q2 FY26. The company reported a 26.2% year-on-year (YoY) decline in consolidated net profit to ₹724.80 crore for the quarter ended September 30, 2025, compared to ₹982.41 crore in the same period last year.

Key Financial Highlights

The company reported stable financial results, as its revenue from operations reached ₹4,178.41 crore, marking a 9.2% increase from ₹3,825.61 crore in Q1FY26 and a 14.2% increase from ₹3,657.33 crore in Q2FY25. The total income stood at ₹4,346.72 crore, a 5.6% increase from Q1FY26’s ₹4,115.85 crore but marginally lower by 0.6% compared to ₹4,374.12 crore in Q2FY25. The most notable movement was seen in profit before tax and net profit, which stood at ₹921.34 crore and ₹724.80 crore, reflecting an 18.7% YoY decline from ₹1,133.41 crore and ₹982.41 crore, respectively, but improving sequentially by 55.2% and moderating 13.6% QoQ.

Half-Year Performance

As the quarter ended, September 2025 also marked the H1FY26, during which the company posted a net profit of ₹1,564.01 crore, while the revenue grew to ₹8,004.02 crore compared to ₹7,035.50 crore a year earlier, reflecting consistent operational growth and financial resilience.

Operating Overview

The company recorded an overall increase in operating expenses due to higher production activity, capacity utilisation, and depreciation associated with asset expansion. The fuel cost reached ₹825.33 crore during the quarter, up from ₹771.09 crore YoY. Depreciation & Amortisation also increased to ₹547.94 crore from ₹412.62 crore. Other expenses reached ₹1,450.83 crore, up from ₹1,210.02 crore. The expense that did not increase is the employee benefits expense, which tanked to ₹615.36 crore, down from ₹694.74 crore. The total finance cost increased from ₹180.42 crore to ₹289.18 crore.

Stock Perfromance and Market Metrics

As of October 29 2025, shares of NLC India Limited closed at ₹251.90, down by 3.15% or 8.20 points. The shares opened in green at ₹261.00 and had a slow trading session thereafter. The total traded volume stood at 61.26 Lakhs, while the total traded value was ₹57.79 crore, and the total market capitalisation of ₹34,929.38 crore.

NLC India Limited is a Navratna Central Public Sector Enterprise under the Ministry of Coal. The company was established in 1956 and is headquartered in Chennai. It operates in lignite mining, thermal power, and renewable energy generation, with key projects across Tamil Nadu, Rajasthan, Odisha, and Jharkhand. Its shares are listed on the NSE and BSE under the tickers NLCINDIA and 513683, respectively, and it is a constituent of the Nifty CPSE index.

REF: https://nsearchives.nseindia.com/corporate/NLCINDIA_29102025134034_Outcome563rdBM29102025signed.pdf

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