NLC India Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- NLC India Ltd reported a 12.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 50.7%.
- Its expenses for the quarter were up by 3.3% QoQ and 12.6% YoY.
- The net profit decreased 29.2% QoQ and increased 173.9% YoY.
- The earnings per share (EPS) of NLC India Ltd stood at 5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4897.88 | 4370.11 | 3249.39 | 12.1% | 50.7% |
Total Expenses | 3279.25 | 3173.39 | 2911.23 | 3.3% | 12.6% |
Profit Before Tax | 829.76 | 1133.41 | 402.04 | -26.8% | 106.4% |
Tax | 133.81 | 151.01 | 147.97 | -11.4% | -9.6% |
Profit After Tax | 696.03 | 982.41 | 254.10 | -29.2% | 173.9% |
Earnings Per Share | 5.00 | 7.70 | 1.80 | -35.1% | 177.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
NLC India Ltd, formerly known as Neyveli Lignite Corporation Limited, is a significant player in the energy sector, primarily engaged in the mining of lignite and the generation of power through lignite-based thermal power plants. The company also produces renewable energy from solar and wind power sources. NLC India operates several lignite mines and thermal power stations across India, playing a crucial role in the country's energy supply. As of the latest available data, the company has been focusing on expanding its renewable energy capacity while maintaining its core operations in lignite mining and thermal power generation. Recent developments include efforts to enhance operational efficiency and expand its energy portfolio to include more environmentally sustainable energy solutions.
Revenue
In the third quarter of FY25, NLC India Ltd reported a total income of ₹4897.88 crores, reflecting a notable increase from ₹4370.11 crores in the previous quarter (Q2FY25) and ₹3249.39 crores in the same quarter of the previous fiscal year (Q3FY24). This represents a quarter-over-quarter (QoQ) growth of 12.1% and a substantial year-over-year (YoY) increase of 50.7%. The growth in total income indicates a strong upward trend in the company's revenue generation capabilities over the past year. This significant rise in revenue can be attributed to the company's ongoing projects and market expansion efforts, although specific drivers are not detailed in the provided data.
Profitability
NLC India Ltd's profitability metrics for Q3FY25 illustrate a mixed performance. The company recorded a profit before tax of ₹829.76 crores, which is a decrease from ₹1133.41 crores in Q2FY25 but an increase from ₹402.04 crores in Q3FY24. The QoQ decline is 26.8%, while the YoY increase is 106.4%. Profit after tax for Q3FY25 was ₹696.03 crores, down from ₹982.41 crores in the previous quarter but significantly higher than the ₹254.10 crores reported in Q3FY24, showing a 173.9% YoY increase. The earnings per share (EPS) for the quarter stood at ₹5.00, reflecting a decrease from ₹7.70 in Q2FY25 but a rise from ₹1.80 in Q3FY24, marking a 177.8% increase YoY. Despite the QoQ decline in profitability, the YoY figures demonstrate substantial growth.
Operating Metrics
The company's total expenses in Q3FY25 were ₹3279.25 crores, an increase from ₹3173.39 crores in Q2FY25 and ₹2911.23 crores in Q3FY24, resulting in a 3.3% QoQ growth and a 12.6% YoY growth. The tax expenses decreased by 11.4% QoQ from ₹151.01 crores in Q2FY25 to ₹133.81 crores in Q3FY25, and also saw a YoY decrease of 9.6% from ₹147.97 crores in Q3FY24. These figures illustrate the company's cost management and tax liabilities over the periods. The data suggests that while expenses have increased, the tax expenses have been effectively managed to reflect a downward trend over the year, contributing to the overall financial health of the company.
