NLC India Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Cr

Consolidate Quarterly Results

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Net Sales

4,443.05

4,178.41

3,825.61

3,836.00

4,411.47

3,657.27

3,376.05

Other Operating Income

0.00

Total Operating income

4,443.05

4,178.41

3,825.61

3,836.00

4,411.47

3,657.27

3,376.05

Raw Material Cost

0.00

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

164.54

-112.92

252.43

-254.39

-10.52

-91.49

179.38

Employee Cost

704.67

615.36

578.93

1,093.59

656.56

695.14

631.80

Power Cost

778.36

825.33

776.33

514.07

526.80

777.21

449.96

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

1,316.00

1,450.83

1,283.16

1,621.37

1,414.87

1,200.08

1,032.86

Total Expenditure (Excl Depreciation)

2,963.57

2,778.60

2,890.85

2,974.64

2,587.71

2,580.94

2,294.00

Operating Profit (PBDIT) excl Other Income

1,479.48

1,399.81

934.76

861.36

1,823.76

1,076.33

1,082.05

Other Income

364.05

168.31

290.24

135.90

489.32

712.84

264.55

Operating Profit (PBDIT)

1,843.53

1,568.12

1,225.00

997.26

2,313.08

1,789.17

1,346.60

Interest

269.30

289.18

298.79

325.30

236.55

179.83

189.49

Exceptional Items

0.00

Gross Profit (PBDT)

1,574.23

1,278.94

926.21

671.96

2,076.53

1,609.34

1,157.11

Depreciation

596.55

547.94

539.32

580.52

457.90

412.62

433.23

Profit Before Tax

842.60

921.34

593.60

912.08

829.76

1,133.41

821.66

Tax

118.68

196.61

-245.55

443.72

133.81

151.01

255.02

Provisions and contingencies

0.00

Profit After Tax

723.92

724.73

839.15

468.36

695.95

982.40

566.64

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

723.92

724.73

839.15

468.36

695.95

982.40

566.64

Share in Profit of Associates

0.09

0.07

0.06

0.10

0.08

0.01

0.05

Minority Interest

57.98

59.68

41.62

-13.50

27.94

70.56

7.27

Other related items

0.00

Consolidated Net Profit

666.03

665.12

797.59

481.96

668.09

911.85

559.42

Equity Capital

1,386.64

Face Value

10.0

Reserves

19,253.28

18,578.98

18,124.92

17,336.33

17,054.79

11,486.33

15,683.57

Earnings per share (EPS)

4.8

5.75

3.48

4.82

6.58

4.03

Diluted Earnings per share

5.22

5.23

6.05

3.38

5.02

7.08

4.09

Operating Profit Margin (Excl OI)

33.3%

33.5%

24.43%

22.45%

41.34%

29.43%

32.05%

Gross Profit Margin

35.43%

30.61%

24.21%

17.52%

47.07%

44.0%

34.27%

PAT Margin

16.29%

17.34%

21.94%

12.21%

15.78%

26.86%

16.78%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Dec 2025 is 6.33% vs 9.22% in Sep 2025

Consolidate Net Profit

QoQ Growth in quarter ended Dec 2025 is 0.14% vs -16.61% in Sep 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Dec 2025 is 5.69% vs 49.75% in Sep 2025

Interest

QoQ Growth in quarter ended Dec 2025 is -6.87% vs -3.22% in Sep 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025

Compare Quarterly Results Of NLC India With

Select Peers

Figures in Cr

Consolidate Quarterly Results

Change(INR)

Change(%)

Net Sales

4,443.05

6,777.87

-2,334.82

-34.45%

Other Operating Income

0.00

Total Operating income

4,443.05

6,777.87

-2,334.82

-34.45%

Raw Material Cost

0.00

Purchase of Finished goods

0.00

574.05

-574.05

-100.00%

(Increase) / Decrease In Stocks

164.54

0.00

164.54

Employee Cost

704.67

183.47

521.20

284.08%

Power Cost

778.36

4,078.85

-3,300.49

-80.92%

Manufacturing Expenses

0.00

Selling and Distribution Expenses

0.00

Other Expenses

1,316.00

538.36

777.64

144.45%

Total Expenditure (Excl Depreciation)

2,963.57

5,374.73

-2,411.16

-44.86%

Operating Profit (PBDIT) excl Other Income

1,479.48

1,403.14

76.34

5.44%

Other Income

364.05

69.15

294.90

426.46%

Operating Profit (PBDIT)

1,843.53

1,472.29

371.24

25.22%

Interest

269.30

254.67

14.63

5.74%

Exceptional Items

0.00

Gross Profit (PBDT)

1,574.23

1,217.62

356.61

29.29%

Depreciation

596.55

412.65

183.90

44.57%

Profit Before Tax

842.60

804.97

37.63

4.67%

Tax

118.68

150.23

-31.55

-21.00%

Provisions and contingencies

0.00

Profit After Tax

723.92

654.74

69.18

10.57%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

723.92

654.74

69.18

10.57%

Share in Profit of Associates

0.09

0.00

0.09

Minority Interest

57.98

11.66

46.32

397.26%

Other related items

0.00

Consolidated Net Profit

666.03

643.08

22.95

3.57%

Equity Capital

1,386.64

503.90

882.74

175.18%

Face Value

10.00

0.00

Reserves

19,253.28

0.00

19,253.28

Earnings per share (EPS)

4.80

12.76

-7.96

-62.38%

Diluted Earnings per share

5.22

12.76

-7.54

-59.09%

Operating Profit Margin (Excl OI)

33.30%

20.70%

0.00

12.60%

Gross Profit Margin

35.43%

17.96%

0.00

17.47%

PAT Margin

16.29%

9.66%

0.00

6.63%

Public Share Holdings (%)

0.00%

0.00

0.00%

Pledged Promotor Holding (%)

0.00%

0.00

0.00%

Quarterly - Net Sales

Net Sales 4,443.05 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 6.33% vs 9.22% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 0.72% vs 39.41% in Dec 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 666.03 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 0.14% vs -16.61% in Sep 2025

YoY Growth in quarter ended Dec 2025 is -0.31% vs 166.79% in Dec 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 1,479.48 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is 5.69% vs 49.75% in Sep 2025

YoY Growth in quarter ended Dec 2025 is -18.88% vs 101.60% in Dec 2024

Quarterly - Interest

Interest 269.30 Cr

in Dec 2025

Figures in Cr

QoQ Growth in quarter ended Dec 2025 is -6.87% vs -3.22% in Sep 2025

YoY Growth in quarter ended Dec 2025 is 13.84% vs 15.18% in Dec 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 33.30%

in Dec 2025

Figures in %

QoQ Growth in quarter ended Dec 2025 has fallen from Sep 2025

YoY Growth in quarter ended Dec 2025 has fallen from Dec 2024