Nile Q3 Results: Shares surge over 10% after profit jumps 48%, margin improve

Nile Ltd announced its financial results for the third quarter of FY25 on February 10, reporting a sharp improvement across key operating metrics, driven by higher revenues and better cost efficiencies.

The industrial metals company posted a net profit of ₹15 crore for the December quarter, up 47.5% year-on-year from ₹10 crore in the same period last year.

Revenue rose 25.3% to ₹291.4 crore from ₹232.5 crore a year ago, reflecting stronger business momentum during the quarter.

Operating performance

also improved, with EBITDA increasing 32.4% year-on-year to ₹21.3 crore from ₹16 crore in the corresponding quarter last year. EBITDA margin expanded to 7.3% from 6.9% a year earlier, indicating modest but steady improvement in operating efficiency.

Following the earnings announcement, shares of Nile saw a strong market reaction. The stock jumped to an intraday high of ₹1,798 and was trading at ₹1,772 at around 2:16 pm, up ₹173.75, or 10.87%, during the session.

Separately, the company informed exchanges that it has suspended its windmill operations following the expiration of its power purchase agreement with Transmission Corporation of Andhra Pradesh Limited. The suspension was linked specifically to the conclusion of the agreement and not to the company’s core manufacturing operations.

Also Read: Jyoti CNC Q3 Results: Profit up 10%, revenue jumps 28% as margin expands