{
  "id": 18113016,
  "title": "NLC India Q2 Profit Jumps 83% To ₹1,328 Crore, Revenue Rises 13%",
  "url": "https://urgent.news/2026/11/04/nlc-india-q2-profit-jumps-83-to-1-328-crore-revenue-rises-13",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T11:08:47.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/nlc-india-q2-profit-jumps-83-to-1328-crore-revenue-rises-13"
  },
  "original_language": "en",
  "account": "Mumbai-based State-owned NLC India Limited announced an impressive 83% surge in Q2 2027 net profit to ₹1,328.01 crore, up from ₹724.80 crore in the same period last year. Despite a dip in pre-tax earnings, a significant deferred-tax credit bolstered the bottom line. Revenue from operations rose by 13.3% to ₹4,732.35 crore, compared to ₹4,178.41 crore a year earlier. Total income reached ₹4,826.61 crore, while total expenses climbed to ₹4,530.66 crore from ₹3,615.72 crore. Notably, the company benefited from a deferred-tax credit of ₹987.74 crore during Q2 FY27, resulting from the remeasurement of deferred-tax assets and liabilities following the new tax regime. Quarterly profit increased from ₹436.33 crore in the June quarter to the current record high of ₹1,328.01 crore. For the half-year period ending September 2026, consolidated net profit expanded to ₹1,764.34 crore, up from ₹1,564.01 crore a year earlier, with revenue from operations reaching ₹9,449.10 crore, up from ₹8,004.02 crore. The board announced an interim dividend of ₹1.50 per equity share, with the record date set for November 12, 2026. Additionally, NLC India Ltd approved raising up to ₹2,500 crore through bonds and an additional 660 MW unit at the Ghatampur thermal power project. An offer for sale of up to 10 crore shares in NLC India Renewables Limited, part of its proposed IPO, is also pending regulatory approval.",
  "summary": "Mumbai: State-owned NLC India Limited reported an 83 per cent year-on-year increase in consolidated net profit to Rs 1,328.01 crore for the second quarter of FY27, compared with Rs 724.80 crore in the corresponding quarter last year. The sharp increase in profit came despite weaker pre-tax earnings, with a substantial deferred-tax credit supporting the bottom line. Revenue Growth Consolidated…",
  "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."
}