Nava Standalone PAT Jumps 116% to ₹911 Crore

Nava announced audited FY26 results with standalone PAT surging 116% YoY to ₹911 crore, driven by ferro alloy sales and dividend income.
The company declared a final dividend of ₹5.50 per share, bringing total FY26 dividend to ₹8.50 per share, and received ₹705 crore from dividends and buybacks.
Consolidated PAT declined to ₹1,038.6 crore due to higher tax outgo at MEL, which now operates under a 15% tax structure after its holiday period ended.
Key projects including MEL's 300 MW expansion, a solar power project, and agribusiness ventures in Zambia are progressing on schedule for 2026-2028 commissioning.