NAVA / language trends

Read confidence between the lines.

NAVA · tone and specificity signals across the available quarters.

Research layer active

Language signals

What changed in management language.

Q3-FY26 · Ashwin Deani

The major contribution is from ML power plant. This quarter ML power plant operated with 97% PLF so the EBITDA margin expansion from 34.5% to 48.3% is mainly due to high PLF.

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Q3-FY26 · Ashwin Deani

In terms of the mining division I think we average about 35 to 40 to 42,000 tons on a monthly basis. That's what we've been averaging and that's sustainable.

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Q3-FY26 · Ashwin Deani

The sugar complex or the processing unit should be complete by April around April 2028. So I say mid 2028.

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Q4-FY26 · Ashin Dani

We reported 116% increase in profit after tax to 911 crore rupees, marking one of the strongest performances in the company's history.

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Q4-FY26 · Ashin Dani

Our level of volatility or exposure to the spot market is only to the extent of 10 to 15% per se.

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Q4-FY26 · Ashin Dani

The deferred tax position will be reassessed during every reporting period based on the outstanding loan balances and the prevailing exchange rate.

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