NLC India shares rally 11% at open after Q4 profit jumps nearly 190% YoY
Sarthak Kumar
Shares of NLC India surged nearly 11% in early trade on Thursday after the company reported a sharp rise in revenue, profitability and operating margins for the fourth quarter of FY26.
The stock climbed to ₹366 on the NSE, up over 11% from the previous close of ₹325.70, while also touching a fresh 52-week high during the session.
The rally came after the state-run mining and power company posted strong Q4FY26 numbers, driven by higher operational performance and significant margin expansion.
For the quarter ended March 2026, NLC India reported consolidated revenue of ₹5,042 crore, marking a 31.4% increase compared to ₹3,836 crore in the year-ago period.
Net profit surged 189% year-on-year to ₹1,393 crore from ₹482 crore in Q4FY25. EBITDA more than doubled to ₹1,774 crore compared to ₹861 crore last year, reflecting strong operational leverage.
EBITDA margin expanded sharply to 35.2% from 22.5% in the corresponding quarter last year, indicating improved profitability across operations.
The robust earnings performance triggered strong buying interest in the stock, with market participants reacting positively to the sharp improvement in margins and profitability.
NLC India, a Navratna public sector enterprise under the Ministry of Coal, is engaged in lignite mining and power generation. The company has also been expanding aggressively into renewable energy, including solar and wind power projects, as part of its long-term diversification strategy.
In recent quarters, the company has continued to focus on increasing mining output, improving plant load factors and expanding its green energy portfolio, which has strengthened investor sentiment around the stock.
The latest quarterly performance comes amid broader strength in select power and PSU stocks, with investors closely tracking earnings momentum and infrastructure-led growth opportunities.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice.