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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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LEAP Group Relaunches HumanView, a Growth Intelligence System Built to Explain Why Customers Behave the Way They Do

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Reimagined from the ground up, HumanView pairs statistical modeling with expert analysts to turn millions of real-world customer signals into business decisions

LOUISVILLE, Ky., Oct. 23, 2026 /PRNewswire/ — LEAP Group today announced the relaunch of HumanView, its growth intelligence service. The new version has been rebuilt from the ground up and now has a dedicated home at leapgroupnetwork.com/humanview.

HumanView analyzes what customers say and do across social platforms, e-commerce sites, review platforms, search behavior and user-generated content, including signals from Reddit, TikTok, YouTube, Meta, Amazon and Walmart+ that general AI tools cannot always access. Because the data reflects unprompted, real-world behavior, it avoids the response bias built into surveys and focus groups.

The service works in three layers. HumanView captures signals at scale, decodes millions of records through validated statistical models such as regression, correlation and clustering, and then relies on experienced analysts to interpret the patterns. Clients receive clear, human-validated insights instead of another dashboard.

“Machines find the patterns. Humans find the point,” said Alan Gilleo, CEO at LEAP Group. “The first version of HumanView showed us how much customers reveal when nobody is asking them questions. This version is built to explain why they act the way they do, and to put those answers in front of everyone making decisions, from product to service to marketing.”

HumanView focuses on three areas:

Growth Intelligence: customer motivations and how people perceive a brand and its competitors

Market and Category Intelligence: product pain points, service friction, unmet needs and competitive gaps

Audience Intelligence: new segments, positioning opportunities and gaps in the market

Every model is designed and validated by data scientists and benchmarked before it informs a recommendation.

To learn more about HumanView, visit leapgroupnetwork.com/humanview.

About LEAP Group
LEAP Group is a boutique marketing agency holding company with offices in Louisville, Indianapolis, Cincinnati and Chicago. Guided by the belief that brands should “Market Less. Matter More.,” LEAP gives clients access to specialized experts across its entire network. Learn more at leapgroupnetwork.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leap-group-relaunches-humanview-a-growth-intelligence-system-built-to-explain-why-customers-behave-the-way-they-do-302918557.html

SOURCE LEAP Group

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STEPHEN A. SMITH ADDRESSES WHITE HOUSE DINNER ATTENDANCE, REAFFIRMS COMMITMENT TO HBCUs AND PROTECTING CORPORATE INVESTMENT IN BLACK EDUCATION

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Stephen A. Smith, media mogul, New York Times bestselling author, and proud 1991 graduate of Winston-Salem State University, is addressing the public discussion surrounding his decision to attend a White House dinner with President Donald Trump, emphasizing his commitment to the long-term financial stability of Historically Black Colleges and Universities (HBCUs).

For Smith, the decision was rooted in a commitment to institutions that have educated generations of Black leaders, professionals, entrepreneurs, and public servants.

“I will always advocate for HBCUs and the students whose futures depend on them,” Smith said. “My reason for attending the White House dinner was to discuss the challenges these institutions face in securing long-term funding and to make the case that corporate America must continue to invest in them.”

Smith acknowledged federal support through the FUTURE Act while expressing concern that political tensions surrounding diversity, equity, and inclusion (DEI) could discourage private companies from supporting HBCUs. He maintains that these institutions deserve sustained corporate partnerships, philanthropic contributions, and public investment.

“If we truly believe in free-market capitalism, businesses should be able to support educational institutions and charitable causes without fear of criticism or repercussions,” Smith said. “HBCUs have made extraordinary contributions to this country. They deserve sustained public and private investment.”

Ashley Christopher, Esq., Founder and CEO of the HBCU Week Foundation, recognized Smith’s advocacy and decision to engage with the administration.

“Stephen A. Smith has been a powerful advocate for HBCUs, using his platform and influence to shine a national spotlight on our institutions,” expressed Christopher, “His continued support of HBCU Week helps advance our mission of connecting students with life-changing educational opportunities, and we are proud to have him as our ambassador.”

Since Smith became an HBCU Week Ambassador in 2019, the initiative has facilitated more than 15,000 on-the-spot college acceptances and raised and awarded more than $150 million in scholarships, according to the HBCU Week Foundation.

As public discussion continues, Smith is emphasizing the importance of ensuring HBCUs have the resources and partnerships needed to educate future generations and expand opportunities for students.

CLICK HERE to watch Smith’s full response to his White House visit.

MEDIA CONTACT:

media@mrsasinc.com

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SOURCE Straight Shooter Media

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Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

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TORONTO, Oct. 23, 2026 /CNW/ — Advantex Marketing International Inc. (CSE: ADX) (“Advantex”), a leader in the merchant cash advance and loyalty marketing products for merchants, today announced the completion of a $250,000 secured debt financing. Advantex issued a $250,000 non-convertible debenture which bears an interest rate at 12% per annum and matures December 15, 2027. The proceeds raised from this issuance of the Debenture will be used for working capital purposes.

Advantex has also extended the maturity of its existing $700,000 in 12% secured debentures from October 10, 2026 to December 15, 2027.

About Advantex Marketing International Inc.

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants.

Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex’s profile on www.sedar.com

Forward-Looking Information

This news release contains “forward-looking statements” within the meaning of applicable securities laws relating to the future business and operations of Advantex. Actual results and developments may differ materially from those contemplated by these statements. The business and operations of Advantex described herein is dependent on a number of factors and is subject to a number of risks and uncertainties. Factors that could cause actual results to differ material include, but are not limited to, changes in Advantex’s economic and competitive conditions including but not limited to the industry sectors in which Advantex operates.

The statements in this news release are made of the date of this release. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and Advantex undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

SOURCE Advantex Marketing International Inc.

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