NAVA LIMITED — Updates, 07-02-2025: Press Release

Nava Limited reported a consolidated total revenue of ₹878.1 crore for the quarter ending December 2024, down 11.7% year-over-year, with a consolidated profit before tax (PBT) of ₹391.6 crore, reflecting a decline of 15.6%. However, the company demonstrated resilience with a 2.2% increase in EBITDA to ₹485.5 crore, leading to an improved EBITDA margin of 55.3%, up 752 basis points from the prior year. Notably, standalone PAT increased by 5% to ₹47.4 crore despite an operational revenue decline.

Continuing its strategic expansion, Nava's subsidiary, Maamba Energy Limited, initiated the incorporation of a new entity for a solar power project in Zambia. The company's metals division is adapting to sector pressures with product diversification efforts. The domestic energy segment remains stable with manageable coal costs despite some operational challenges.

Market attention is warranted as management indicates a strong focus on operational efficiency and strategic investments, suggesting a positive outlook for long-term stakeholder value. Investors are encouraged to monitor developments closely.