Nava Q3 Results: Revenue up 18% YoY; profit slips on manufacturing costs and tax hit
Published on 05/02/2026 02:06 PM
Nava Q3 Results: Revenue up 18% YoY; profit slips on manufacturing costs and tax hitNava posted strong top-line growth in Q3FY26, but higher manufacturing costs and taxes weighed on margins and profitability, keeping investor sentiment cautious post results.By Vivek Iyer | Sheersh Kapoor February 5, 2026, 2:06:02 PM IST (Published)1 Min ReadNava Limited reported a mixed performance for Q3FY26, with revenue rising 17.6% year-on-year to ₹991 crore from ₹842.5 crore, driven by steady momentum across key operating segments. However, profitability came under pressure as EBITDA slipped 1.6% to ₹442.8 crore, while margins narrowed sharply to 44.7% from 53.4% a year ago.
Net profit declined 11.3% year-on-year to ₹222 crore, weighed down by higher manufacturing expenses and a sharper tax outgo. Manufacturing costs rose to ₹124 crore from ₹118 crore, while tax expenses climbed to ₹57.4 crore compared with ₹41.3 crore last year.
Segmentally, ferro alloys revenue surged to ₹266.2 crore from ₹165.9 crore, while the energy segment reported revenues of ₹883 crore versus ₹832 crore. Mining revenues improved to ₹134.6 crore from ₹115.9 crore.
For context, the consolidated Q2 FY26 performance had also seen margin pressure, with EBITDA and profit declining despite moderate revenue growth, underscoring persistent cost challenges.
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Post earnings, shares of Nava Limited were trading at ₹562.65 on the NSE, down 2.61%, recovering from the day’s low of ₹550.10.Continue ReadingTagsearningsQ3 resultsshare market today