NLC India (513683) Q1 26/27 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and appointed Sundaram & Srinivasan as tax auditor for FY 2025-26.

• Financial results reviewed by the Audit Committee and subjected to a limited review by joint statutory auditors.

Financial highlights

• Standalone revenue from operations for Q1 FY27 was ₹2,871.73 crore, up from ₹2,495.60 crore in Q1 FY26.

• Standalone net profit for Q1 FY27 was ₹374.28 crore, compared to ₹368.17 crore in Q1 FY26.

• Consolidated revenue from operations for Q1 FY27 was ₹4,716.75 crore, up from ₹3,825.61 crore in Q1 FY26.

• Consolidated net profit for Q1 FY27 was ₹436.33 crore, compared to ₹839.21 crore in Q1 FY26.

• Total comprehensive income (consolidated) for Q1 FY27 was ₹497.70 crore.

Outlook and guidance

• Ghatampur Thermal Power Project (GTPP) Unit-3 (660 MW) achieved commercial operation on June 13, 2026, making the entire 1,980 MW project fully commissioned.

• Revenue recognition for NUPPL adjusted based on interim tariff order; final tariff determination pending.