Nile Ltd delivered impressive third-quarter FY25 results, with net profit surging 47.5% year-on-year to ₹15 crore compared to ₹10 crore in the same period last year. According to reports from CNBC TV18, the industrial metals company demonstrated robust operational performance across key metrics during the December quarter.
Revenue performance showed strong momentum, rising 25.3% to ₹291.4 crore from ₹232.5 crore in the corresponding quarter last year. As reported by CNBC TV18, the company's EBITDA increased significantly by 32.4% year-on-year to ₹21.3 crore from ₹16 crore in the previous year. EBITDA margin expanded to 7.3% from 6.9% a year earlier, indicating improved operating efficiency and cost management.
Following the earnings announcement, Nile shares experienced strong market reaction, jumping to an intraday high of ₹1,798 and trading at ₹1,772 at around 2:16 pm, representing a gain of ₹173.75 or 10.87% during the session. According to CNBC TV18, the positive market response reflected investor confidence in the company's improved financial performance and operational metrics.
Separately, Nile Ltd informed exchanges that it has suspended its windmill operations following the expiration of its power purchase agreement with Transmission Corporation of Andhra Pradesh Limited. As reported by CNBC TV18, the suspension was specifically linked to the conclusion of the power purchase agreement and not to the company's core manufacturing operations, ensuring continuity of its primary business activities.
