NAVA LIMITED — Updates, 14-08-2025: Press Release

Nava Limited reported its highest-ever quarterly PBT, driven by strong energy operations and improved metals realizations. Consolidated Q1 FY26 income was ₹1,232.6 Cr, with net profit at ₹399.1 Cr, impacted by higher tax on MEL's power division. MEL received USD 75.0 million arrears, and Nava group got a USD 32.5 million maiden dividend. Strategic projects, including MEL's 300 MW and MSEL's 100 MW solar expansions in Zambia, are on track for FY27 commissioning. Captive power plants are converting to IPPs, enhancing efficiency. Commercial agriculture projects are progressing, with avocado harvest expected and sugarcane planting underway for the USD 200.0 Mn sugar project.