NLC India Limited — Board Meeting, 19-05-2025: Outcome of Board Meeting

NLC India Limited has announced a board meeting on key developments. The board approved the consolidated financial results for the quarter and year, reporting a strong consolidated net profit of Rs. 2,713.61 Cr for FY25. It proposed a final dividend of 15% (Rs. 1.50/share), pending member approval. Strategically, NLC formed a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam to build and operate a 3x125 MW lignite-based thermal power plant and associated mines. Additionally, new cost and multiple internal auditors were appointed for FY26.