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The Economic Times

Business

Debaroti Adhikary

NLC India shares rally 18% to fresh record high after Q4 net profit skyrockets 189% YoY

Shares of NLC India jumped over 18% to a fresh all-time high on Thursday. The stock is heading for its biggest single-day gain in nearly five years after the company posted a strong 189% year-on-year surge in Q4 FY26 net profit.

The Navratna PSU company released its quarterly results in the post-market hours on Wednesday. NLC India reported a consolidated net profit of Rs 1,394 crore for Q4 FY26, nearly triple the Rs 482 crore earned a year ago. Sequentially, profit more than doubled from Rs 666 crore in the previous quarter.

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