State-owned NLC India Ltd reported a sharp 311% year-on-year (YoY) jump in its net profit for the fourth quarter of FY25, reaching ₹468.46 crore compared to ₹114 crore in the same period last year. However, the company witnessed a sequential dip in profits from ₹696 crore in Q3FY25, primarily due to a steep rise in employee expenses, which soared 58% YoY to ₹1,093.59 crore.
The company’s revenue from operations also declined, both on a quarterly and yearly basis, standing at ₹3,972 crore in Q4FY25, down from ₹4,900 crore in Q3 and ₹4,034 crore in Q4FY24. The dip was largely attributed to subdued performance in the mining segment, where revenue slipped to ₹1,963 crore, compared to ₹2,139 crore a year ago. However, the power generation segment posted a 10% YoY growth with revenue touching ₹3,263 crore.
On the operational front, the company’s earnings before interest, tax, depreciation, and amortization (EBITDA) stood at ₹997.26 crore, with an EBITDA margin of 25.11%, lower than the 27.17% margin recorded in the same quarter last year.
Despite the pressure on revenues and margins, NLC India’s board recommended a final dividend of 15% (₹1.50 per share) for FY2024–25. The dividend is subject to the C&AG audit and shareholder approval at the upcoming Annual General Meeting.
Shares of NLC India ended the trading session on May 19 with a marginal decline of 1.05%, closing at ₹236 apiece on the BSE.
About NLC India
NLC India Limited (NLC) is a Government of India’s Navratna public sector undertaking, primarily engaged in lignite mining and thermal power generation. It also produces electricity from renewable energy sources like solar and wind. NLC is under the administrative control of the Ministry of Coal. NLC operates four open-cast lignite mines at Neyveli, Tamil Nadu and Barsingsar, Rajasthan.
