Business Economy


NLCIL logs record ₹2,713 crore profit in FY25

Neyveli, May 19 (UNI) NLC India Limited (NLCIL) has posted its highest-ever Profit After Tax (PAT) of Rs 2,713.61 crore for the financial year 2024-25, marking a stellar year of financial and operational achievements across mining, power generation, and strategic initiatives.
In a press release issued here on Monday, the company said the PAT figure represents a significant jump as part of its overall growth, with Profit Before Tax (PBT) rising 28.29 per cent to Rs 3,696.93 crore. Revenue from operations stood at Rs 15,282.96 crore, up 17.55 per cent from Rs 13,001.33 crore in the previous fiscal, while total income rose 21.08 per cent to Rs 16,889.45 crore.
Operationally, NLCIL recorded its highest-ever coal output of 172.02 Lakh Tonnes (LT), a 36.08 per cent increase over FY 2023-24, along with lignite production of 240.60 LT. It also achieved record gross power generation of 27,865.58 Million Units (MU), including 2,094.33 MU from renewable sources.
The company declared commercial operation of Unit-1 (660 MW) of the Ghatampur Thermal Power Project, joining the league of supercritical thermal power operators. It also secured key coal assets—Machchakata (30 MTPA) and New Patrapara (South) (12 MTPA)—with development agreements and vesting orders signed with the Ministry of Coal.
In terms of rankings, three of its mines—Mine-IA, Talabira, and Barsingsar—were awarded 5-star ratings under the Ministry of Coal’s Star Rating system for FY 2023-24, with Mine-IA ranked first among 228 open cast mines nationwide.
NLCIL reported a record capital expenditure of over ₹7,700 crore for the year. The TPS-I Expansion achieved the highest Plant Load Factor (PLF) among lignite-based thermal stations, while Barsingsar TPP topped all lignite-based power plants in India in January 2025.
To reward shareholders, the Board has proposed a final dividend of 15 per cent (₹1.5 per share), in addition to the interim dividend of 15 per cent already disbursed, subject to approval at the upcoming Annual General Meeting.
The company described the results as a “testament to its robust performance and strategic excellence in the power and mining sector.” UNI BDN SSP
More News

Equitas Small Finance Bank partner with Edelweiss Life Insurance

24 Jun 2025 | 6:12 PM

Mumbai, June 24 (UNI) Equitas Small Finance Bank (SFB) on Tuesday said that it has partnered with Edelweiss Life Insurance.

see more..

UP ranks first in country on highest investment in development and infrastructure

24 Jun 2025 | 5:39 PM

Lucknow, June 24 (UNI) Uttar Pradesh has ranked first in the country for highest investment in development and infrastructure.

see more..

Kottayam-Kochi Rubber Market Rates

24 Jun 2025 | 5:16 PM

Kottayam, June 24 (UNI) Following were the Rubber Market rates announced by the Rubber
Board here on Tuesday per quintal
KOTTAYAM
RSS FOUR: 20050
RSS FIVE : 19750
ISNR TWENTY: 17700
SIXTY PERCENT LATEX: 14160
KOCHI
RSS FOUR : 20050
RSS FIVE : 19750
INTERNATIONAL RATES (BANGKOK)
RSS One : 19707
RSS Two : 19549
RSS Three: 19404
RSS Four : 19325
RSS Five : 19207
KUALALUMPUR
SMR TWENTY : 14354 ($165.35)
SIXTY PERCENT LATEX : 12149 ($139.95)
UNI PA BM.

see more..

Capacit'e Infraprojects receives LoI of Rs 621 Cr from Saifee Burhani Upliftment Trust

24 Jun 2025 | 5:14 PM

Mumbai, June 24 (UNI) Capacit'e Infraprojects Limited on Tuesday said that it has received Letter of Intent (LOI) from Saifee Burhani Upliftment Trust (SBUT), for a total contract value of Rs 621 Crore, excluding GST.

see more..

Rupee jumps 78 paise to 85 97 against US dollar

24 Jun 2025 | 4:51 PM

Mumbai, June 24 (UNI) Rupee on Tuesday depreciated by 78 paise to close at 85.97 against the US dollar, on weak dollar demand by bankers and importers as global crude oil prices eased after a ceasefire between Israel and Iran went into effect, reviving risk sentiment, forex trader said
Positive close in the domestic equity market also helped rupee to gain, trader added
The currency opened 64 paise higher at 86.11 against the dollar. It closed the previous session at 86.75
The partially convertible rupee recorded intra-day high and low at 85.91 and 86.27 respectively, dealers added.

see more..