Stock Report

NESCO Ltd consolidated Q2FY23 net profit jumps to Rs. 81.89 crores



Posted On : 2022-11-11 12:25:53( TIMEZONE : IST )

NESCO Ltd consolidated Q2FY23 net profit jumps to Rs. 81.89 crores

Nesco 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. 158.5032 crores during the period ended September 30, 2022 as compared to Rs. 110.8460 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 81.8989 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 53.7028 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 11.62 for the period ended September 30, 2022 as compared to Rs. 7.62 for the period ended June 30, 2022.

Financials Q2 FY2023 Q1 FY2023 % Change
Total Income ₹ 158.5032 crs ₹110.8460 crs Up Tick / Down Tick42.99%
Net Profit ₹81.8989 crs ₹53.7028 crs Up Tick / Down Tick52.50%
EPS ₹11.62 ₹7.62 Up Tick / Down Tick52.49%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 158.5032 crores during the period ended September 30, 2022 as compared to Rs.90.5672 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.81.8989 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.43.9875 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.11.62 for the period ended September 30, 2022 as compared to Rs.6.24 for the period ended September 30, 2021.

Financials Q2 FY2023 Q2 FY2022 % Change
Total Income ₹ 158.5032 crs ₹90.5672 crs Up Tick / Down Tick75.01%
Net Profit ₹81.8989 crs ₹43.9875 crs Up Tick / Down Tick86.19%
EPS ₹11.62 ₹6.24 Up Tick / Down Tick86.22%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.269.3492 crores during the 6 Months period ended September 30, 2022 as compared to Rs.176.3579 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.135.6017 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.86.3468 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.19.25 for the 6 Months period ended September 30, 2022 as compared to Rs.12.25 for the 6 Months period ended September 30, 2021.

Financials Half Year Ended FY2023 Half Year Ended FY2022 % Change
Total Income ₹269.3492 crs ₹176.3579 crs Up Tick / Down Tick52.73%
Net Profit ₹135.6017 crs ₹86.3468 crs Up Tick / Down Tick57.04%
EPS ₹19.25 ₹12.25 Up Tick / Down Tick57.14%

Shares of Nesco Limited was last trading in BSE at Rs. 643.35 as compared to the previous close of Rs. 606.80. The total number of shares traded during the day was 23392 in over 2765 trades.

The stock hit an intraday high of Rs. 658.20 and intraday low of 591.50. The net turnover during the day was Rs. 14654946.00.

Source : Equity Bulls

Keywords

NESCO Q2FY23 H1FY23 ResultUpdate