News

The Board announced on 08th August, 2019 Standalone and Consolidated Unaudited Financial Results for Q1 ended 30th June, 2019.

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on 29th May, 2019 Standalone and Consolidated Audited Financial Results for Q4 and year ended 31th March, 2019.

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on 07th February, 2019 Standalone and Consolidated Unaudited Financial Results for quarter and nine months ended 31th December, 2018.

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on 03rd November, 2018 Standalone and Consolidated Unaudited Financial Results for quarter and half year ended 30th September, 2018.

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on 06th August, 2018 Standalone and Consolidated Unaudited Financial Results for Q1 ended 30th June, 2018.

Please see 'Financial Statements' under section “Investors” for full details.

Nava Bharat Ventures Limited won the “Industry Awards-2018-Best CSR Performer” award from Industries and Commerce Department, Government of Telangana.

On June 4, 2018, Nava Bharat Ventures Limited has won the “Industry Awards-2018-Best CSR Performer” in the segment of Large Companies for the financial year 2017-18 in the State of Telangana. This award is presented in recognition of our commitment towards betterment of society and environment with constant efforts to build and nurture long lasting relationships with members of the society and the communities.

Recommended a Dividend of 75% i.e. र 1.50 per Equity Share of र 2/- each.

Consolidated Net Profit र 27798 lakhs

Standalone Net Profit र 16155 lakhs

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on 29th January, 2018 Standalone and Consolidated Unaudited Financial Results for Q3 ended 31st December, 2017.

Please see 'Financial Statements' under section “Investors” for full details.

Nava Bharat Ventures Limited, Paloncha is accorded “Commendation for Significant Achievement in Corporate Social Responsibility” under "CII-ITC Sustainability Awards 2017” for Commendable Results from Deployment of Policy and Processes on the journey to Excellence in Sustainable Business.

This is a prestigious national award. Out of 40 units, including industrial giants, from all over India, which vied for the award in the domain of Corporate Social responsibility, only 10 units received the award and NBV, Paloncha stood one amongst them.

The Board announced on 30th October, 2017 Standalone and Consolidated Unaudited Financial Results for Q2 ended 30th September, 2017.

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on 09th August, 2017 Standalone and Consolidated Unaudited Financial Results for Q1 ended 30th June, 2017.

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on 27th May, 2017 Standalone and Consolidated Audited Financial Results for Q4 and year ended March 31st, 2017.

Please see 'Financial Statements' under section “Investors” for full details.

The Board announced on January 30, 2017 Standalone and Consolidated Unaudited Financial Results for quarter and nine months ended December 31, 2016.

Please see 'Financial Statements' under section “Investors” for full details.

Nava Bharat Ventures Limited has been accorded “Netmagic Futurist Award” for IT-Excellence in Manufacturing Segment by Netmagic, India’s leading Managed Hosting and Cloud service provider. It is an NTT Communications Company which is a part of NTT Group, a top 100 ranked corporation in Fortune Global 500.

The award focuses on deployment of Next Generation Business Application and Information Technology in the Manufacturing Segment and on excellence in Information Technology Services in other segments.

The Board announced on November 17, 2016 Standalone and Consolidated Unaudited Financial Results for quarter and half year ended September 30, 2016.

Please see 'Financial Statements' under section “Investors” for full details.

The Ferro Alloy Plant & Power Plants in Odisha, the Sugar Division at Samalkot and the 150MW Power Plant at Paloncha have received "National Award for Excellence in Energy Management 2016" from Confederation of Indian Industry in the form of a Shield and a Certificate. While the Sugar Division and Odisha Works have received the award as "Excellent Energy Efficient Unit", the 150MW Power Plant at Paloncha is accorded "Energy Efficient Unit".

In addition, the Sugar Division’s project titled “Increased Juice Drainage Area for all the Mills to Improve Milling Efficiency” is accorded “The Innovative Project Award”.

Out of 264 units all over India, covering a wide spectrum of industries comprising automobile, engineering, cement, building, metal, paper, pharmaceutical, chemical, fertilizer and power that have applied for the award, only 141 units have been qualified for the competition. Out of these 141 units, 70 are accorded the Excellent Energy Efficient Unit award.

Standalone - Net Profit after tax for Q1 - र 26.66 Crores (INR 266.60 Millions).

Consolidated - Net Profit after tax for Q1 - र 29.21 Crores (INR 292.08 Millions).

Please see "Financial Statements" under “Investors” for full details.

The project finance transaction of Maamba Collieries Limited, a subsidiary of Nava Bharat (Singapore) Pte. Ltd. (NBS), has been accorded the “Project Finance Deal of the Year 2016” award by World Finance which is a multi-platform Media Company with over twenty years of experience, specializing in print, digital media, broadcasting and events across key financial sectors.

World Finance has commended the support that the project has gained from Chinese Banks and the new standards it has set in Sub Saharan African project finance deals. Citations given highlight the inter-stakeholder relations of the sponsors, the replicable models which the deal sets, not only for future power projects in Zambia, but also for power projects in Sub Saharan Africa and the impact of the deal on Zambia’s regulatory and legal framework.

NBS attended the award presentation & video interview at The London Stock Exchange studios. World Finance has uploaded the video interview on their Youtube channel which can be accessed by clicking on this link - https://www.youtube.com/watch?v=trvBBbb4cGk&feature=youtu.be.

A case study of the Project Finance Transaction has also been published by World Finance on their website as well as in the July-Aug 2016 edition of World Finance Magazine which can be accessed using this link - http://www.worldfinance.com/infrastructure-investment/project-finance/maamba-collieries-aims-to-bridge-the-power-shortfall-in-zambia

Recommended a Dividend of 150% i.e. र 3/- per Equity Share of र 2/- each.

Board to meet later to deliberate on issue of Bonus Shares.

Consolidated Net Profit र 301 crores / INR 3013 Millions (Previous year र 206 crores / INR 2060 Millions).

Standalone Net Profit र 111 crores / INR 1112 Millions.

For further details, kindly refer "Financial Statements" under section “Investors”.

Net Profit after tax for Q3 ended 31st December, 2015 - र 2126 lakhs (INR 212.6 Millions).

Net Profit after tax for 9 Months ended 31st December, 2015 - र 5357 lakhs (INR 535.7 Millions).

Please see Financials Statements under “Investors" for full details.

Project Finance International (PFI) of Thomson-Reuters, the leading source of global Project Finance Intelligence, has accorded “Power Deal of the Year 2015“ Award in Middle East and Africa to the project finance transaction of Maamba Collieries Limited (MCL). MCL, a step-down subsidiary of Nava Bharat Ventures Limited, is implementing an Integrated Coal & 300 MW Power Project in Zambia at an estimated outlay of US $ 843 Million.

PFI Awards are the most prestigious annual awards, spread over a wide spectrum of industries and across continents. MCL’s Award forms part of Roll of Honour announced by PFI.

The award will be presented at the Awards Dinner by PFI in London, when 800 of the world’s most senior and successful professionals gather to celebrate industry excellence across the world.

Net Profit after tax for Q2 ended 30th September, 2015 - र 1935 lakhs (INR 193.56 Millions).

Net Profit after tax for First Half Year ended 30th September, 2015 - र 3231 lakhs (INR 323.12 Millions).

Please see Financials Statements under “Investors" for full details.

Annual General Meeting was held on 27th August, 2015 and all resolutions proposed are passed with requisite majority.

For full details, please refer "Results of 43rd AGM held on 27th August, 2015 with Scrutinizer's reports" under Investors - Annual Reports.

Net Profit after tax for Q1 - र 12.96 Crores (INR 129.55 Millions).

Please see "Financial Statements" under “Investors” for full details.

Recommended Dividend for 2014-15 @ र 5/- (250%) per Equity Share of र 2/- each (Previous year also र 5/- per equity share).

Consolidated Net Profit for 2014-15: र 206.04 crores / INR 2060.42 Millions (Previous year र 279.90 crores / INR 2799.07 Millions.

Standalone Net Profit for 2014-15: र 142.47 crores / INR 1424.69 Millions.

Please see "Financial Statements" under “Investors” for full details.