Nava Limited Enhances Profit and Expansion for Future Growth

Nava Limited, a diversified conglomerate involved in metals, energy, mining, agriculture, and healthcare, reports robust financial outcomes for Q3 2024. Key achievements include significant profit growth, a stock split, and an aggressive expansion strategy in Zambia. The company retains strong operational performances across its divisions.

Nava Limited, a leader in diversified industries, announced its financial achievements for the third quarter of 2024. The company, engaged in sectors like metals, energy, mining, agriculture, and healthcare, reported marked profitability alongside strategic growth initiatives.

Among the quarter highlights, the Board of Directors greenlit a stock split to enhance liquidity for investors, aiming to make shares more accessible. Additionally, the company's robust financial performance is evidenced by a consolidated PAT of Rs. 331.9 crore.

Key divisions such as energy and metals noted profitability improvements, while planned expansions in Zambia underpin future growth potential. This includes a major focus on sustainable agricultural ventures, as well as upcoming large-scale projects in the energy sector.

(With inputs from agencies.)