NLC India is engaged in the business of mining of lignite and generation of power by using lignite as well as Renewable Energy Sources.
Financial Results:
- NLC India Ltd. reported Total Income for Q4FY23 of ₹ 5,855 Crores up from ₹ 3,165 Crore year on year, a rise of 85%.
- Total Expenses for Q4FY23 of ₹ 4,104 Crores up from ₹ 2,850 Crores year on year, rise of 44%.
- Consolidated Net Profit of ₹ 837 Crores, up 153% from ₹ 331 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ 6.03, up 152% from ₹ 2.39 in the same quarter of the previous year.