{
  "id": 10874069,
  "title": "NLC India Declares 38.5% Dividend For FY26, Profit After Tax Up 38.91% To ₹3,769 Crore",
  "url": "https://urgent.news/2026/09/30/nlc-india-declares-38-5-dividend-for-fy26-profit-after-tax-up-38-91",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T05:20:22.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/nlc-india-declares-385-dividend-for-fy26-profit-after-tax-up-3891-to-3769-crore"
  },
  "original_language": "en",
  "account": "On September 29, 2026, NLC India declared a dividend payout of 38.5% for the fiscal year 2025-26, totaling ₹533.86 crore. This consisted of an interim dividend of 36%, declared earlier. The company's profit after tax (PAT) rose to ₹3,769 crore, marking a 38.91% increase year-on-year. PBT amounted to ₹3,875 crore, growing by 4.84%. Revenue from operations reached ₹17,490 crore. NLC India is a 50:50 joint venture between NALCO and the company, with a coal captive power plant in Odisha of 1,080 MW planned to support a smelter expansion. EBITDA reached an all-time high of ₹7,475 crore, a 14.78% increase from the previous year. Capital expenditure was ₹9,131 crore, with net worth expanding by 14.96% to ₹21,525 crore. The company reported an annual coal production of 19.14 million tonnes and green energy dispatch of 2.26 billion units, setting a new record. NLC India has been awarded the preferred bidder for a Telangana mineral block and won the Parvathapur Vanadium, Titanium & Aluminous Laterite asset. Strategic initiatives include commencing coal production at Pachwara South Coal Mine and full operation of all three 660 MW units at NUPPL Ghatampur. Plans envision achieving 20 GW power capacity and over 100 MTPA mining capacity by 2047, through renewable expansion, battery energy storage, green hydrogen projects, and diversification into critical minerals. The 70th Annual General Meeting (AGM) was held on September 29, 2026, presided by Prasanna Kumar Acharya, Chairman-cum-Managing Director.",
  "summary": "Mumbai: NLC India on 29 September 2026 announced a total dividend payout of 38.5% for the financial year 2025-26, amounting to ₹533.86 crore. This includes an interim dividend of 36% already declared. Financial Performance Highlights The company reported a consolidated profit after tax (PAT) of ₹3,769 crore, an increase of 38.91% over the previous year. Profit before tax (PBT) stood at ₹3,875…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}