Since 1956, NLC India Limited has worked in the energy industry as a Navratna firm under the Ministry of Coal. The organization has currently established its presence in the states of Tamil Nadu, Rajasthan, Uttar Pradesh, Odisha, Jharkhand and Andaman and Nicobar Islands in a pan India manner.
NLC India said in a stock exchange filing that “The Board of Directors has declared an interim dividend of 15.00% (i.e., Rs 1.50 per equity share) for the financial year 2022-23. Further, in compliance with Regulation 42 of SEBI LODR, it is informed that February 24, 2023 will be the Record Date for the purpose of ascertaining the eligibility of the members for the Interim Dividend declared above for the FY 2022-23. were determined. It is also informed that the above interim dividend will be paid to the eligible shareholders on or before March 14, 2023.”
On a standalone basis, the company posted revenue from operations of 2,812.21 Cr in Q3FY23 as compared to Rs. 2,423.59 Cr in Q3FY22, representing a growth of 16% YoY. NLC India records net expense 2,241.81 crore in the quarter ending December 2022 as against 2,134.94 crore was recorded in the quarter ending December 2021. Net loss of the company was recorded As against a net profit of 398.84 Cr in Q3FY23 229.62 crore in the year-ago quarter. NLC India’s EPS remains in loss Compared to a profit of 2.88 in Q3FY23 1.66 in the year-ago quarter.
Net segment-wise revenue of the company Rs. 3,955.48 Cr in Q3FY23 as compared to Rs. 3,604.10 crore in the year-ago quarter. stood on standalone revenue from the mining business 1,521.49 Cr in Q3FY23 as compared to Rs. 1,677.52 in the year-ago quarter while its revenue from power business reached 2,433.99 crore as against 1,926.58 crore in the corresponding quarter of the previous financial year.
Shares of NLC India Limited closed today on NSE 79.30 each level, up 0.57% from previous close 78.85.
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