Nava Limited reports record quarterly income of ₹1,269 crore

Nava Limited has reported its highest-ever quarterly total income for the period ending June 30, 2026, reaching ₹1,269 crore. Consolidated revenue from operations grew 6.0% quarter-on-quarter to ₹1,212 crore.

The company’s energy sector saw an 18.3% increase in revenue, driven by healthy plant performance and bilateral contracts. Additionally, Nava received US$15 million in dividend income from Nava Global. In the mining sector, revenue rose 20.4% due to higher sales volumes.

Regarding project updates, Maamba Solar Energy Limited’s 100 MW solar project is scheduled for commissioning by September 2026. Meanwhile, the MEL Phase II 300 MW project is expected to be commissioned in phases by July 2027, despite facing cost increases and supply chain challenges linked to the crisis in West Asia.