#Nava | #ZESCO makes first #payment of $10 m to #MCL after #arbitration order. MCL expects ZESCO to make balance payments by end of August 2023

Alert: MCL is Maamba Collieries, subsidiary of Nava

#Nava temporarily suspends production of Silico Manganese at Odisha Plant due to an accidental damage in the raw material handling system.There were no human injuries or casualties due to this accident

Here's more https://t.co/jw4lULt6w8

#Nava temporarily suspends production of silico manganese at #Odisha plant

@jpullokaran

https://t.co/El3IFwKDBC

#Nava | Zambian Arm, Maamba Collieries to add 300 MW capacity, cost at $400 million

#Nava Q1

--Net Profit Up 36.3% At ₹355.7 Cr Vs ₹261 Cr (YoY)
--Revenue Up 17.3% At ₹1,222 Cr Vs ₹1,042 Cr (YoY)
--EBITDA Up 10% At ₹589 Cr Vs ₹536 Cr (YoY)
--Margin At 48.2% Vs 51.4% (YoY)