NOCIL reports declining revenue and profit in Q1

NOCIL Limited reported declining financial performance for Q1 FY26. Net revenue fell 10% year-on-year to INR 336 crores from INR 372 crores in Q1 FY25.

Operating EBITDA dropped 26% to INR 31 crores from INR 41 crores in the same quarter last year. Net profit declined 36% to INR 17 crores compared to INR 27 crores in Q1 FY25.

The company faced dumping pressure in the domestic market, though export volumes showed moderate growth.