Nava Limited Reports Strong Q3 FY26 Results with 83.5% Profit Growth

Nava Limited reported strong consolidated financial results for Q3 FY26, with total income of ₹1,061.5 crore, up 7.3% quarter-on-quarter and 20.9% year-on-year, and net profit rising 83.5% QoQ to ₹325.7 crore. The Energy division, including Maamba Energy Limited (MEL), contributed significantly despite planned maintenance outages. MEL realized US$20 million in arrears and distributed US$89.5 million in dividends. Key projects include a 100 MW solar plant in Zambia on track for H1 FY27 commissioning, a 300 MW expansion with slight delays expected by H2 FY27, and progress in avocado and sugar projects.