NLC India share price surged nearly 15% on Thursday, 14 May, after the company reported a sharp jump in earnings for the March quarter.
The PSU posted a nearly threefold rise in consolidated net profit to ₹1,393.46 crore, compared with ₹481.96 crore in the year-ago period.
Total income rose to ₹5,197.22 crore, an increase from ₹3,971.90 crore the previous year, as per a filing with the BSE. Concurrently, total expenses also grew to ₹4,327.14 crore, up from ₹3,880.46 crore in the same period last year.
The company’s board has sanctioned a final dividend of 2.5% for FY26, pending approval from the CAG audit and shareholders at the forthcoming AGM.
NLC India Ltd operates as a public sector company focused on lignite mining and power generation, and it is increasingly involved in renewable energy and coal mining both within India and internationally.
