NESCO Ltd Q1FY23 consolidated PAT up at Rs. 53.70 crores

Nesco Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 110.8460 crores during the period ended June 30, 2022 as compared to Rs. 103.0561 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 53.7028 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 53.5210 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 7.62 for the period ended June 30, 2022 as compared to Rs. 7.60 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 110.8460 crs	₹103.0561 crs	7.56%
Net Profit	₹53.7028 crs	₹53.5210 crs	0.34%
EPS	₹7.62	₹7.60	0.26%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 110.8460 crores during the period ended June 30, 2022 as compared to Rs.85.7906 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.53.7028 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.42.3591 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.7.62 for the period ended June 30, 2022 as compared to Rs.6.01 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 110.8460 crs	₹85.7906 crs	29.21%
Net Profit	₹53.7028 crs	₹42.3591 crs	26.78%
EPS	₹7.62	₹6.01	26.79%

Shares of Nesco Limited was last trading in BSE at Rs. 573.70 as compared to the previous close of Rs. 581.10. The total number of shares traded during the day was 1681 in over 264 trades.

The stock hit an intraday high of Rs. 583.70 and intraday low of 568.75. The net turnover during the day was Rs. 965145.00.

Source : Equity Bulls

Keywords

NESCO Q1FY23 ResultUpdate