Nava Q3: Revenue Up 18%, But Profit Dips on Higher Costs and Tax Hit

• Nava Limited reported a 17.6% year-on-year revenue increase to ₹991 crore in Q3FY26, up from ₹842.5 crore.
• Despite revenue growth, net profit declined by 11.3% year-on-year to ₹222 crore.
• Profitability was impacted by higher manufacturing expenses, which rose to ₹124 crore, and increased tax expenses of ₹57.4 crore.
• EBITDA slipped 1.6% to ₹442.8 crore, and margins narrowed significantly to 44.7% from 53.4% a year ago.
• Segment-wise, ferro alloys revenue surged to ₹266.2 crore, energy revenue reached ₹883 crore, and mining revenue improved to ₹134.6 crore.