NLC India slips as first quarter profit drops 39%

NLC India

10/08/2026 05:52

** Shares of NLC India NLCI.NS fall 5.32% to 288.40 rupees
** Stock on track to snap six sessions of gains, if losses hold
** State-run power producer and lignite miner posted 39.3% year-on-year drop in first quarter profit to 4.84 billion rupees  ($50.82 million)
** Co's Q1 revenue rose 23.3% year-on-year while total expenses jumped 15.1% y/y
** YTD stock up 15.27%


($1 = 95.2300 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)
 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))