NAVA LIMITED — Board Meeting, 14-08-2025: Outcome of Board Meeting
14-08-2025 | 12:37 pm
14-08-2025 | 12:37 pm
NAVA Limited's board approved Q1 FY26 consolidated financial results. The company posted revenue of ₹1,193.22 crore and profit of ₹399.09 crore, with EPS at ₹10.89.
A major positive: NAVA recovered US$ 493.01 million from overdue receivables of its Maamba Energy Limited subsidiary. However, ₹731.91 crore remains due from this customer, prompting an Expected Credit Loss allowance of ₹69.65 crore. Additionally, subsidiary Brahmani Infratech faces an ongoing lawsuit involving a ₹39.19 crore contingent liability.
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