Stock Report

Nelcast Ltd consolidated Q2 FY2023 net profit higher at Rs. 12.15 crores



Posted On : 2022-11-02 20:46:31( TIMEZONE : IST )

Nelcast Ltd consolidated Q2 FY2023 net profit higher at Rs. 12.15 crores

Nelcast Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 331.6613 crores during the period ended September 30, 2022 as compared to Rs. 299.5510 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 12.1503 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 7.7660 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 1.40 for the period ended September 30, 2022 as compared to Rs. 0.89 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 331.6613 crs ₹299.5510 crs Up Tick / Down Tick10.72%
Net Profit ₹12.1503 crs ₹7.7660 crs Up Tick / Down Tick56.46%
EPS ₹1.40 ₹0.89 Up Tick / Down Tick57.30%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 331.6613 crores during the period ended September 30, 2022 as compared to Rs.242.0215 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.12.1503 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.3.3642 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.1.40 for the period ended September 30, 2022 as compared to Rs.0.39 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 331.6613 crs ₹242.0215 crs Up Tick / Down Tick37.04%
Net Profit ₹12.1503 crs ₹3.3642 crs Up Tick / Down Tick261.16%
EPS ₹1.40 ₹0.39 Up Tick / Down Tick258.97%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.631.2123 crores during the 6 Months period ended September 30, 2022 as compared to Rs.430.28 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.19.9163 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.5.3892 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.2.29 for the 6 Months period ended September 30, 2022 as compared to Rs.0.62 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹631.2123 crs ₹430.28 crs Up Tick / Down Tick46.70%
Net Profit ₹19.9163 crs ₹5.3892 crs Up Tick / Down Tick269.56%
EPS ₹2.29 ₹0.62 Up Tick / Down Tick269.35%

Shares of Nelcast Limited was last trading in BSE at Rs. 84.25 as compared to the previous close of Rs. 82.95. The total number of shares traded during the day was 13416 in over 308 trades.

The stock hit an intraday high of Rs. 86.55 and intraday low of 81.80. The net turnover during the day was Rs. 1143547.00.

Source : Equity Bulls

Keywords

Nelcast Q2FY23 H1FY23 ResultUpdate