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Nava Reports Higher Revenue and Profit for Q3 FY25

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HYDERABAD, India, Feb. 7, 2025 /PRNewswire/ — Nava Limited, a leading conglomerate with business interests in metals, energy, mining, commercial agriculture, and healthcare, has announced its financial results for the quarter and nine months ended 31st December 2024.

Key Business Highlights

Nava Limited has reported higher consolidated performance for 9 month ending December 2024  Quarter-on-quarter, consolidated profit increased by 6%, reflecting a strong resilience despite revenue drop.Ongoing overseas projects are on track.

Renewable Energy Initiatives

Nava Limited’s subsidiary, Maamba Energy Limited, has incorporated ‘Maamba Solar Energy Limited’ in Zambia on 28th Jan 2025 as a 100% subsidiary, to assess the feasibility of developing a solar power project in Zambia.Project cost, technology selection, and power off-take agreements with ZESCO are currently underway.

FINANCIAL PERFORMANCE

Consolidated Results:

Particulars 
(in INR Crore)

 

Dec 2024

 

Dec 2023

 

YoY%

 

Sep 2024

 

9M FY 2025

9M FY 2024

 

YoY%

Total Revenue#

878.1

995.0

(11.7 %)

942.9

3,079.4

3,003.4

2.5 %

EBITDA#

485.5

475.2

2.2 %

456.1

1,567.6

1,446.5

8.4 %

EBITDA Margin %

55.3 %

47.8 %

752 bps

48.3 %

50.9 %

48.2 %

274 bps

PBT

391.6

464.1

(15.6 %)

361.2

1,284.2

1,104.3

16.3 %

PAT

353.3

465.0

(24.0 %)

331.9

1,131.2

1,001.0

13.0 %

 # Revenue and EBITDA exclude discontinued operations; EBITDA includes other income 

 * Exchange rate is Rs. 83.89 for Dec 24, Rs. 82.71 for Dec 23 and Rs. 83.76 for Sep 24  

 

Standalone Performance:

Particulars 
(in INR Crore)

 

Dec 2024

 

Dec 2023

 

YoY%

 

Sep 2024

 

9M FY 2025

9M FY 2024

 

YoY%

Total Revenue#

295.8

335.8

(11.9 %)

430.5

1,271.9

1,129.4

12.6 %

EBITDA#

77.7

70.7

9.8 %

173.2

435.9

229.6

89.9 %

EBITDA Margin %

26.3 %

21.1 %

519 bps

40.2 %

34.3 %

20.3 %

1395 bps

PBT

68.2

62.0

9.9 %

164.3

408.4

200.0

104.2 %

PAT

47.4

45.1

5.0 %

146.1

324.6

149.3

117.4 %

# Revenue and EBITDA exclude discontinued operations; EBITDA includes other income 

                

Standalone PAT increased by 5% Y-o-Y to ₹47.4 crore, despite a 9% decline in operational revenue.

DIVISIONAL INSIGHTS

Maamba Energy Limited (MEL):

Plant Availability: Maintained high operational efficiency with a 95.1% plant availability.Revenue & Profitability: Total income for the quarter was ₹546.8 crore, while PAT stood at ₹291.3 crore.Financial Strength: MEL paid $139.7 million towards overdue interest and repayment of shareholder loans.Phase II Expansion: Construction is progressing steadily, with orders placed for major plant and machinery.

Metals Division:

Plans to mitigate severe sectoral pressure by diversifying products and exports.

Domestic Energy Plants:

Captive and merchant power operations remain stable with moderate coal costs, despite merchant challenges.Planned maintenance outages impacted the plant availability during Q3.

Commercial Agriculture Projects:

Avocado Plantation work is progressing smoothly with construction on a state of the art pack-house set to begin before H2 FY 26.For the integrated Sugar Project, preparatory works for land development, irrigation and captive plantation are under way with the Government set to fulfil the infrastructure development.

Commenting on the results, Ashwin Devineni, CEO of Nava Limited said, “Despite challenging market conditions, we have maintained profitability and enhanced operational efficiencies. Our continued focus on business expansion, cost optimization, and strategic investments will drive long-term value creation for our stakeholders. Our commitment to sustainable growth is reflected in our planned diversification strategies, that are expected to take shape in due course of time.”

Quantitative Table of Operational Data (Sales Qty):

Dec 2024

Dec 2023

YoY%

Sep 2024

9M FY 2025

9M FY 2024

YoY%

Metals (MT)

Silico Manganese

17,358

24,503

(29.2 %)

16,694

56,571

82,217

(31.2 %)

Ferro Silicon

2,710

NA

2,643

7,480

NA

Energy (MUs)

Nava – Merchant Sales

142

131

7.9 %

162

468

529

(11.4 %)

Nava – Captive Consumption

162

109

48.6 %

172

460

392

17.4 %

NBEIL

118

177

(33.25)

208

583

555

5.1 %

MEL

557

575

(3.1 %)

500

1,645

1,622

1.4 %

Mining (MT 000’s)

MEL – Coal

107

139

(23.0 %)

110

342

392

(12.8 %)

 

About Nava Limited

Founded in 1972, Nava Limited is a publicly listed multinational corporation with interests in metals, energy, mining, healthcare, and commercial agriculture. As one of India’s leading ferroalloy producers, Nava also operates Zambia’s largest mine-to-mouth power plant. Expanding its global presence, Nava is investing in commercial agriculture in Zambia and healthcare in Southeast Asia. For more information, please visit www.navalimited.com.

For more information, contact:

Mr. VSN Raju
Company Secretary and Vice President
Nava Limited
Tel: +91 40 23403501 / +91 40 67283333
Email: investorservices@navalimited.com

Media Contact:
Ms. Lisa Rufus G.
Phone: +91 91542 40656
Email: lisa.r@navalimited.com

Nava Limited will host a conference call to discuss the quarterly financial results in detail on 07 February 2025 at 1600hrs (IST). Investors and stakeholders are invited to visit the company’s website for further details.

This document may contain forward-looking statements based on management’s beliefs, opinions, and expectations as of the date of this release. Actual results may vary due to risks and uncertainties, and the company does not assume any obligation to update such statements in response to future developments. Please refer to official disclosures for the most accurate and up-to-date information.

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AMTD’s TGE Reports Full Year Results with 27.7% Increase in Revenue, with 25.5% Increase in Total Assets and 9.1% Increase in Net Assets

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PARIS and LONDON and NEW YORK, April 29, 2026 /PRNewswire/ — The Generation Essentials Group (“TGE” or the “Company”) (NYSE: TGE, LSE; TGE), a NYSE and LSE dual-listed company and a subsidiary of AMTD Group Inc., today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission, with summary highlights below:

Total Revenue increased by 27.7% from US$77.0 million to US$98.3 millionTotal non-GAAP Net Income increased by 3.2% from US$44.7 million to US$46.2 million Total Assets amounted to US$1,464.1 million (US$30.2/share)Net asset value amounted to US$839.1 million (US$17.3/share)

The annual report is available on the Company’s investor relations website at  http://thegenerationalessentials.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to Investor Relations Office at ir@tge.media.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media

View original content:https://www.prnewswire.com/news-releases/amtds-tge-reports-full-year-results-with-27-7-increase-in-revenue-with-25-5-increase-in-total-assets-and-9-1-increase-in-net-assets-302757926.html

SOURCE The Generation Essentials Group

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Potatoes USA Awarded Patent for AI-Driven Social Media Monitoring and Responding

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DENVER, April 29, 2026 /PRNewswire/ — Potatoes USA, the national promotion board for U.S. potato growers and importers, has been awarded a patent (US 12,591,622 B2) for a method for monitoring and responding to social media content.

The innovative technology automates social media management, featuring AI-driven monitoring, content identification, and natural language response generation on a knowledge basis. The system may include a human-in-the-loop interface that allows for the review, editing, and approval of generated content prior to publication.

Potatoes USA uses the technology to monitor for misinformation about potato nutrition so they can respond with the correct information, educating consumers on the nutritional benefits of potatoes. Additionally, the organization uses the technology to participate in positive conversations about potatoes, joining in the vast amount of potato love on social media.

“For any company or brand trying to share information and raise awareness, it’s vital to be part of relevant conversations happening on social media. This technology allows us to participate in and, more importantly, help shape those conversations,” said Blair Richardson, CEO of Potatoes USA. “A huge number of people talk about potatoes on social media every day. The vast majority of what we see is very positive, but we also find negative and incorrect posts and comments about potatoes. Even though it’s a smaller percentage of what’s being said, it’s a key piece of our communications strategy to correct the misinformation that’s out there, debunk longstanding myths about potatoes, and educate the public on the true nutritional benefits of potatoes.”

The patented technology allows Potatoes USA to establish itself as a go-to resource on social media for potato nutrition facts, recipe inspiration, and general potato love.

About Potatoes USA
As representatives of U.S. potato growers and importers, Potatoes USA’s mission is to strengthen the demand for potatoes through marketing and research. By launching impactful marketing campaigns; coordinating regional, national, and international market and production research; and establishing new trade markets, Potatoes USA promotes the benefits of potatoes to audiences across the globe, including consumers, foodservice operators, retailers, and health professionals. For more information on America’s Favorite Vegetable, please visit PotatoGoodness.com and PotatoesUSA.com.

Media Contact
Erin Bracken
media@hillenby.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/potatoes-usa-awarded-patent-for-ai-driven-social-media-monitoring-and-responding-302757930.html

SOURCE Potatoes USA

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TERAGO to Hold Investor Conference Call to Discuss First Quarter 2026 Financial Results

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TORONTO, April 29, 2026 /CNW/ – TERAGO Inc. (“TERAGO” or the “Company”) (TSX: TGO) www.terago.ca, Canada’s 91% mmWave spectrum holder and a leading provider of Managed Fixed Wireless Internet, 5G Private Wireless Networks and SD-WAN secure solutions today announced that it will be hosting a conference call on Wednesday, May 13, 2026, at 10:00 a.m. ET to discuss its financial results for the first quarter of 2026. The complete financial results are expected to be released after market close on Tuesday, May 12, 2026.

The Company’s results along with a presentation in connection with the conference call will be made available on the Company’s website at https://terago.ca/company/investor-relations/.

To access the conference call, please dial 888-506-0062 or 973-528-0011 and use conference ID 135943 if applicable. Please call the conference telephone number 15 minutes prior to the start time so that you are in the queue for an operator to assist in registering and patching you through.

A replay of the conference call will be available through Wednesday, May 27, 2026 and can be accessed by dialing 877-481-4010 or 919-882-2331 and using passcode 53968.

About TERAGO
TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable and redundant connectivity including private 5G wireless networks, fixed wireless access, fiber and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services. TERAGO serves Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999. For more information about TERAGO and its suite of wireless internet and SDWAN solutions, please visit www.terago.ca.

SOURCE TeraGo Inc.

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