Net profit of Nava rose 33.94% to Rs 328.21 crore in the quarter ended December 2023 as against Rs 245.04 crore during the previous quarter ended December 2022. Sales rose 5.67% to Rs 929.95 crore in the quarter ended December 2023 as against Rs 880.01 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales929.95880.01 6 OPM %44.1145.39 - PBDT428.88430.65 0 PBT348.33352.56 -1 NP328.21245.04 34 Powered by Capital Market - Live News

Nava will hold a meeting of the Board of Directors of the Company on 2 February 2024.Powered by Capital Market - Live News

Net profit of Nava rose 7.95% to Rs 148.28 crore in the quarter ended September 2023 as against Rs 137.36 crore during the previous quarter ended September 2022. Sales rose 24.31% to Rs 921.99 crore in the quarter ended September 2023 as against Rs 741.68 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales921.99741.68 24 OPM %38.9536.54 - PBDT303.57302.05 1 PBT225.59227.31 -1 NP148.28137.36 8 Powered by Capital Market - Live News

Nava will hold a meeting of the Board of Directors of the Company on 9 November 2023.Powered by Capital Market - Live News

Nava announced that there has been an accidental damage in the raw material handling system, thereby affecting the raw material feeding system and other supporting infrastructure. There were no human injuries or casualties due to this accident. The Company has insurance coverage in place for material damage and business interruption. Consequent to the failure of raw material feeding infrastructure, the production of Silico Manganese in the Odisha Works has been temporarily ceased. Currently, Odisha Ferro Alloys Plant is producing about 4,000 MT of Silico Manganese per month. Consequent to this accident, captive consumption of power of about 20 MW from our Captive Power Plant at Odisha Unit has also been affected. The Company estimates that full resumption of production and captive consumption of power at our Odisha Works will require about two (2) months. Powered by Capital Market - Live News