Nava Bharat Ven Consolidated September 2021 Net Sales at Rs 823.35 crore, up 37.14% Y-o-Y
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Q2FY22 Quarterly Result Announced for Nava Bharat Ventures Ltd.
Highlights: 170% YoY growth in Profit After tax in Standalone Operations Buoyant ferro alloy business, riding on sustained demand from the domestic and overseas steel companies, delivered a stellar all- round performance in both manganese and chrome alloys, for Q2 and H1 FY 22 Power segment received significant boost with full operations from the 60MW IPP in Odisha in Q2 making a difference, duly supplemented by higher merchant sales through lEX from the captive power units. Profit before tax and exceptional item registered a growth of 59% YoY at INR 2428 mil, principally due to sustained operations in the domestic 150MW IPP unit and spurt in high grade coal operations in Zambia. Positive investment outlook following the change in Government of Zambia had resulted in sudden and significant hardening of local currency against USD and in turn a notional restatement of tax liabilities denominated in the local currency by MCL at the end of Q2 and H1. The forex change of INR 1888.55 mil adversely impacted the reported PAT which stood negative for Q2 and so was considered as an exceptional item. Result PDF09-11-2021
Nava Bharat Ventures Ltd - 513023 - Updates Under Regulation 30 Of SEBI (LODR) Regulations, 2015
This is to inform that the Company has acquired 100% ownership of Nava Resources CI (NRCI), a Company incorporated in Cote d'Ivoire (Ivory Coast). The Government of Cote d'Ivoire (Ivory Coast) has allotted exploration permit for manganese ore concession over a 64.70 Sq.Kms area and permitted NRCI to carryout preparatory work. The Company considers the investments in NRCI to pave way for economic value addition through backward integration and also provides the Company with a cost advantage.09-11-2021
NAVA BHARAT VENTURES LTD. - 513023 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed the press release in connection with announcement of Unaudited Financial Results (Standalone and Consolidated) for the second quarter and half-year ended September 30, 2021. Kindly take the same on record and acknowledge the receipt.09-11-2021
Nava Bharat Ventures Ltd - 513023 - Outcome Of The Board Meeting
This is to inform that the Board of directors of the Company at its meeting held today (November 9, 2021) has inter-alia approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and six months ended September 30, 2021, pursuant to Regulation 33 (3) of SEBI (LODR) Regulations, 2015. The statement of financial results along with segment report, statement of Assets & Liabilities, cash flow statements and limited review reports are enclosed as Annexure-1. The Board meeting commenced at 10:30 a.m. (IST) and concluded at 1:15 p.m. (IST).09-11-2021
NAVA BHARAT VENTURES LTD. - 513023 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please find enclosed invitation of the conference call scheduled on Tuesday, November 9, 2021 at 16:00 hrs (IST) to discuss the operational and financial performance of the Company for the quarter and half year ended September 30, 2021.02-11-2021
NAVA BHARAT VENTURES LTD. - 513023 - Board Meeting Intimation for Board Meeting Intimation Under Regulation 29 Of SEBI (LODR) Regulations, 2015
NAVA BHARAT VENTURES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/11/2021 ,inter alia, to consider and approve the Unaudited Financial Results (Standalone & Consolidated) prepared as per the Ind-AS for the quarter and half year ended September 30, 2021, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Trading window: As communicated vide our letter no. NBV/SECTL/421 /2021-22 dated September 29, 2021, we wish to inform you that the trading window was closed on September 30, 2021 and will remain closed till November 11, 2021(both the days inclusive).01-11-2021
NAVA BHARAT VENTURES LTD. - 513023 - Shareholding for the Period Ended September 30, 2021
Nava Bharat Ventures Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2021. For more details, kindly Click here14-10-2021
NAVA BHARAT VENTURES LTD. - 513023 - Statement Of Investor Complaints For The Quarter Ended September 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter 0330 Name of the Signatory :- VSN RajuDesignation :- Company Secretary and Compliance Officer11-10-2021
NAVA BHARAT VENTURES LTD. - 513023 - Closure of Trading Window
This is to inform that as per the Company's Code of Conduct for regulating, monitoring and reporting of trading by Insiders and Code of Practices and Procedures for fair disclosure of Unpublished Price Sensitive Information, the trading window for dealing in the securities of the Company will remain closed from September 30, 2021 till 48 hours after the declaration of financial results for the quarter and six months ended September 30, 2021, for all designated persons, their immediate relatives and all connected persons covered under the said Code.29-09-2021