Stock Report

NELCO Ltd posts consolidated Q3 FY2023 net profit of Rs. 5 crores



Posted On : 2023-01-20 18:52:36( TIMEZONE : IST )

NELCO Ltd posts consolidated Q3 FY2023 net profit of Rs. 5 crores

NELCO Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 74.95 crores during the period ended December 31, 2022 as compared to Rs. 76.17 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 5 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 4.47 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 2.19 for the period ended December 31, 2022 as compared to Rs. 1.96 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹74.95 crs ₹76.17 crs Up Tick / Down Tick-1.60%
Net Profit ₹5 crs ₹4.47 crs Up Tick / Down Tick11.86%
EPS ₹2.19 ₹1.96 Up Tick / Down Tick11.73%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.74.95 crores during the period ended December 31, 2022 as compared to Rs.73.50 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.5 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.5.26 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.2.19 for the period ended December 31, 2022 as compared to Rs.2.30 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹74.95 crs ₹73.50 crs Up Tick / Down Tick1.97%
Net Profit ₹5 crs ₹5.26 crs Up Tick / Down Tick-4.94%
EPS ₹2.19 ₹2.30 Up Tick / Down Tick-4.78%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.233.07 crores during the 9 Months period ended December 31, 2022 as compared to Rs.191.58 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.14.19 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.13.05 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.6.22 for the 9 Months period ended December 31, 2022 as compared to Rs.5.72 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹233.07 crs ₹191.58 crs Up Tick / Down Tick21.66%
Net Profit ₹14.19 crs ₹13.05 crs Up Tick / Down Tick8.74%
EPS ₹6.22 ₹5.72 Up Tick / Down Tick8.74%

Shares of NELCO Limited was last trading in BSE at Rs. 672.00 as compared to the previous close of Rs. 682.85. The total number of shares traded during the day was 8673 in over 1042 trades.

The stock hit an intraday high of Rs. 694.90 and intraday low of 668.65. The net turnover during the day was Rs. 5900858.00.

Source : Equity Bulls

Keywords

NELCO Q3FY23 9MFY23 ResultUpdate