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NAVA Q2 FY26 results (Jul–Sep 2025) and concall

Power · Concall AI · Call held 7 Nov 2025

Nava reported a resilient Q2 FY26 despite operational headwinds including a planned semi-annual shutdown in Zambia and a prolonged monsoon in India affecting energy demand. While margins saw temporary compression due to forex and one-off costs, the company is aggressively pursuing growth through its 300 MW Maamba expansion and a 100 MW solar project. Management remains committed to shareholder returns, evidenced by record interim dividends and a disciplined 30% payout policy at the Nava Global level.

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What they filed

Q2 FY26: revenue up 32.6%, net profit up 6.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue331 280 484 530 439 +33%
EBITDA73 62 82 144 69 −5%
Net profit146 47 97 141 156 +7%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.