India's Nava set for worst session in over 2 years on Q4 profit drop

Nava

15/05/2026 09:50

** Shares of mining and power generation firm Nava NAAL.NS down 8.5% at 644 rupees

** Stock set for worst session since March 13, 2024

** Co's Q4 consol net profit falls 45.8% to 1.27 bln rupees ($13.2 mln) due to higher deferred tax expenses

** YTD, however, NAAL up ~12%

($1 = 95.9387 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))