NLC India, a PSU focused on power generation and mining, experienced a 9% surge in share price post its Q3FY25 results. The company's revenue rose by 39% YoY to Rs 44.1 billion, with EBITDA more than doubling to Rs 18.3 billion and net profit increasing by 167% to Rs 6.7 billion. Moreover, NLC India declared an interim dividend of Rs 1.5 per share for FY25, reflecting robust cash flow and profit generation. In its pursuit of a greener future, NLC India is heavily investing in renewable energy and green hydrogen. Through subsidiary NLC India Green Energy, the company aims to reach 5 GW capacity by 2030, contributing to carbon emission reduction. With a pilot 4 MW green hydrogen project underway, the company has outlined a substantial capex of Rs 827 billion by 2030 to bolster its power generation capacity. While NLC India's share price has shown recent growth, down by 17% YoY, investors are advised to consider the company's fundamentals, corporate governance, and valuations. As NLC India progresses towards sustainability and potential IPO listings, prudent evaluation of these factors remains crucial for investment decisions.