NLCIL pays dividend of ₹360 crore to Coal Ministry

NLC India Limited (NLCIL), a Navaratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, has paid an interim dividend of ₹360 crore for the financial year 2025-26 to the Central government.

Prasanna Kumar Motupalli, Chairman and Managing Director of NLCIL handed over the cheque to G. Kishan Reddy, Union Minister for Coal and Mines.

According to a press note, the dividend declaration is aligned with the Union government’s capital restructuring and dividend guidelines and underscores the NLCIL’s financial management. Despite undertaking an ambitious capital expenditure programme focused on expanding mining capacity, enhancing thermal efficiency and accelerating renewable energy projects, including solar and battery energy storage systems, the company has improved profitability.

Mr. Motupalli said that improved operational parameters, cost optimisation measures and disciplined capital allocation have contributed significantly to the company’s improved financial performance.