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NLC India has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation (IOCL) for formation of a Joint Venture (JV) for establishment of Renewable Energy Power Projects in the State of Tamil Nadu.The MoU was signed on 22 June 2026 for the development of large scale Renewable Energy (RE) projects including Solar, Wind, Hybrid Power with or without Energy Storage such as Battery Storage and Pumped Storage Projects or any combination of the same for supply of renewable power to third party, Commercial and Industrial (C&I) consumers, Discoms, energy exchange, for e-mobility, power to applications such as usage/ production of green synthetic fuels/chemicals, complete value chain for solar module manufacturing etc. and any other opportunity in the renewable energy sector in the State of Tamil Nadu, as mutually agreed and based on techno-commercial feasibility.While strengthening its conventional power portfolio, NLCIL has also been actively expanding into large-scale renewable and green energy initiatives including solar,wind, pumped hydro storage, Battery Energy Storage Systems (BESS), green hydrogen, low-carbon round-the-clock power and waste-to-energy projects.

NLC India (NLCIL) signed a Memorandum of Understanding (MoU) with CSIR-Central Electrochemical Research Institute (CSIR-CECRI), Karaikudi on 10 June 2026 at Neyveli to foster collaboration in the field of critical and strategic minerals beneficiation and extraction technologies.NLCIL has been actively pursuing opportunities in the exploration and development of critical and strategic minerals from both primary and secondary sources. The Chairman and Managing Director of NLCIL is a member of the committee constituted by NITI Aayog to examine the potential recovery of critical and strategic minerals from secondary resources such as overburden, lignite/coal, mine waste, and tailings. As part of this initiative, NLCIL has undertaken extensive studies on the occurrence and recovery potential of Rare Earth Elements (REEs) and other trace elements from secondary source materials. Under this MoU, detailed studies will be undertaken on overburden materials and tailings generated from NLCI L`s Neyveli Mines to assess the potential for extraction and recovery of Rare Earth Elements (REEs) and other trace elements. The collaboration will also explore similar opportunities across other mining and exploration projects of NLCIL, with the objective of developing sustainable and economically viable technologies for resource recovery from secondary sources.

NLC India announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 2.5%) , subject to the approval of the shareholders.

Net profit of NLC India rose 189.12% to Rs 1393.46 crore in the quarter ended March 2026 as against Rs 481.96 crore during the previous quarter ended March 2025. Sales rose 31.45% to Rs 5042.46 crore in the quarter ended March 2026 as against Rs 3836.00 crore during the previous quarter ended March 2025.For the full year,net profit rose 34.37% to Rs 3522.20 crore in the year ended March 2026 as against Rs 2621.36 crore during the previous year ended March 2025. Sales rose 14.44% to Rs 17489.53 crore in the year ended March 2026 as against Rs 15282.96 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales5042.463836.00 31 17489.5315282.96 14 OPM %35.1922.45 -31.9531.67 - PBDT2212.361492.60 48 6253.705581.20 12 PBT1517.59912.08 66 3875.123696.93 5 NP1393.46481.96 189 3522.202621.36 34 Powered by Capital Market - Live News

NLC India will hold a meeting of the Board of Directors of the Company on 13 May 2026.