Nava Ltd — earnings calls

Nava Limited reported a 116% increase in standalone profit after tax to INR 911 crore for FY26, driven by upstream dividend flows from overseas investments and buyback proceeds. Consolidated profitability was affected by a non-cash deferred tax adjustment at Maamba Energy Limited linked to appreciation of the Zambian Kwacha. Management discussed pricing pressure in ferro alloys due to European safeguard duties, progress on the avocado and solar projects, and outlined capital commitments across the Agri, solar, and Maamba Phase 2 expansions.