NAVA LIMITED — Important, 07-02-2025: Updates
Nava Limited has reported a solid performance for the quarter and nine months, with consolidated revenue climbing to ₹30,794 million and profit after tax (PAT) reaching ₹11,312 million. This marks a 6% quarterly increase in consolidated profit at ₹3,533 million. Despite a 9% decline in operational revenue, standalone PAT exhibited a 5% year-on-year growth. The energy division continues to show resilience, while the metals segment has narrowed its losses from ₹342 million to ₹96 million. Notably, the energy vertical has reported a 7.5% growth in revenue over the nine-month period, driven by Maamba Energy Limited's performance, reflecting total income of ₹5,468 million and a PAT of ₹2,913 million. Strategic projects in Zambia, including an avocado plantation and the advancement of Phase II construction in energy operations, are on track, indicating a positive outlook for future expansion and revenue diversification. Investors should watch closely as the company continues to diversify its operations and enhance profitability in its key segments.
