Energy
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Updated on 13 Nov 2025, 09:00 am
Reviewed By
Akshat Lakshkar | Whalesbook News Team
Nava Ltd, a company operating in the power generation sector, has revealed its decision to issue its first interim dividend for the financial year 2025-26. The Board of Directors has approved an interim dividend amounting to 300%, which equates to Rs 3.00 for every equity share of Re 1 face value. The company has officially set November 14, 2025, as the record date. This date is crucial as it determines which shareholders are eligible to receive this dividend payment. The announcement was made alongside the company's financial results for the second quarter of FY26. Nava Ltd reported robust revenue growth, with net sales reaching Rs 439.48 crore in September 2025, a significant 32.93% increase compared to Rs 330.61 crore in September 2024. The company also saw its quarterly net profit improve by 7.08% year-on-year, rising to Rs 156.46 crore in September 2025 from Rs 146.12 crore in the corresponding period of the previous year.
Impact This news is generally positive for Nava Ltd's existing shareholders and can potentially lead to increased investor interest and a short-term boost in the stock price. The strong Q2 performance highlights the company's operational efficiency and growth trajectory. The declaration of a dividend can also attract investors looking for income generation. Rating: 6/10
Difficult terms: Record Date: The specific date on which a company checks its shareholder registry to identify who is eligible for dividends or other corporate actions. Interim Dividend: A dividend declared and paid by a company during its financial year, before the final dividend is announced. Equity Share: A common type of stock that represents ownership in a company and grants voting rights. Net Sales: The total revenue generated from sales after deducting returns, allowances, and discounts. Year-on-year (YoY) Improvement: A comparison of a performance metric (like sales or profit) in a specific period against the same period in the previous year.