NAVA Q1 Results with Profit (Before Tax) ₹53,128.45 Million

NAVA reported its financial results for the first quarter ending on June 30, 2024, across various segments. The company earned a total of ₹147,388.46 million in segment revenue, which includes Ferro Alloys, Power, Mining, and Unallocated segments. After accounting for inter-segment revenues, the net sales or revenue from operations was ₹122,236.70 million.

The segment results show that Ferro Alloys had a profit of ₹1,951.90 million, Power earned ₹39,570.61 million, Mining achieved ₹4,560.56 million, and Unallocated segments generated ₹4,305.21 million. The total profit before tax from continuing operations for the quarter was ₹53,128.45 million.

Segment assets were valued at ₹1,063,357.74 million, with significant contributions from Power and discontinued sugar operations. The liabilities of NAVA totaled ₹186,126.81 million, including liabilities from discontinued sugar operations.

Source: Here 

NAVA Q1 Results 2024-2025

In the first quarter ending June 30, 2024, NAVA reported strong financial results. The total revenue from all segments was ₹147,388.46 million. After subtracting inter-segment revenues, the net sales were ₹122,236.70 million. The company made a total profit before tax of ₹53,128.45 million. The total value of their assets was ₹1,063,357.74 million, which includes significant assets from their Power and discontinued sugar operations. 

NAVA's financial results were:

NAVA Financial Overview

The NAVA’s market capitalization is ₹ 14,171 crore, which is the total value of its shares. The current stock price is ₹ 977, with a high of ₹ 997 and a low of ₹ 374 over the past year. The stock's price-to-earnings (P/E) ratio is 14.7, indicating how much investors are willing to pay per rupee of earnings.

Here's the information:

Quarterly Results 

The table shows the financial results of NAVA for three periods: December 2023, March 2024, and June 2024. Sales grew from 930 to 1,222, but expenses also increased from 520 to 632. Operating profit improved from 410 to 590, and the profit margin was highest in June at 48%. Other income dropped significantly in March but rose slightly in June. Interest costs fell in June, and profit before tax was higher in June than in March. Net profit was 446 in June, up from 255 in March, and earnings per share (EPS) rose to 24.51 in June.

Here is a summary of the quarterly financial results for the company:

(Figures in ₹Crores)

About NAVA

Nava was started in 1972 in Telangana, India, with a single smelter that produced Ferro Silicon Alloys. Over the years, it has grown into a large and varied global company. Today, Nava operates in India, Africa, and South-East Asia.

The Nava's success is deeply connected to its founders. Their vision, values, and resilience have shaped Nava's past and continue to inspire its future. Their strong leadership and foresight helped the company adapt to changes and seize new opportunities.

Nava's journey is marked by its focus on innovation and exploration. The founders’ commitment to excellence and their ability to anticipate changes have allowed Nava to expand into new areas and industries. This spirit of renewal and adaptation has driven the company to explore and succeed in diverse regions.