Nava Reports Record Q2 Revenue of ₹1,252 Cr, PAT Surges 127% YoY to ₹403 Cr
Nava Limited reported its highest-ever quarterly revenue of ₹1,252 crore for Q2 FY27, a 30% YoY increase. PAT surged 127% YoY to ₹403 crore. The company commissioned a 100 MW solar project in Zambia. Avocado sales commence November 2026. Sugar project operations targeted from FY 2028-29.
The record financial results, substantial profit surge, and advancements in key strategic projects like renewable energy and agribusiness are material developments that are likely to significantly impact investor perception and the company's valuation.
The company reported record revenue, significant profit growth, and progress on strategic renewable energy and agribusiness projects, indicating strong operational performance and positive future outlook.
Nava Limited announced its financial results for the second quarter ended September 30, 2026, reporting its highest-ever quarterly revenue of ₹1,252 crore, a 30% year-on-year growth. Consolidated Profit After Tax (PAT) more than doubled to ₹403 crore, a 127% year-on-year increase, driven by the energy segment supplemented by other businesses and a positive deferred tax adjustment.
The company's foray into renewable energy marked a significant milestone with the graduated commissioning of a 100 MW solar power project in Zambia. Other ongoing projects include the Avocado plantation, an integrated Sugar project, and mineral exploration for Manganese and Lithium. The company also reported recovery of arrears from the Utility in Zambia, improving its financial position.
Financially, for Q2 FY27, revenue from operations stood at ₹1,252 crore, total income at ₹1,336 crore, EBITDA at ₹561 crore, profit before tax at ₹453 crore, and profit after tax at ₹403 crore. For the half-year ended September 30, 2026 (H1 FY27), revenue from operations was ₹2,464 crore, total income ₹2,604 crore, EBITDA ₹1,144 crore, profit before tax ₹933 crore, and profit after tax ₹736 crore.
In the Energy segment, MEL's Phase II 300 MW power expansion is progressing with full commissioning targeted for July 2027. In Mining, exploration activities in Côte d'Ivoire for manganese and in Zambia for lithium are ongoing with promising initial results. The Agribusiness segment's avocado project is set for its first commercial harvest and sales from November 2026 to March 2027. The integrated Sugar project is on track for commercial operations from FY 2028-29.
Ashwin Devineni, Managing Director & CEO, Nava Limited, commented on the performance, highlighting the diversified business strength, resilient operating model, and progress in long-term growth strategies. He noted the importance of the 100 MW solar project in Zambia and the recovery of outstanding receivables from ZESCO. The company remains focused on disciplined execution and building a diversified portfolio.
What to do with a filing like this
NAVA LIMITED filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by NAVA LIMITED. Read the original for the full detail.