Nelcast Ltd consolidated Q1FY24 PAT up QoQ at Rs. 7.17 crore

Nelcast Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 296.3928 crores during the period ended June 30, 2023 as compared to Rs. 315.1776 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 7.1763 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 4.4840 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.82 for the period ended June 30, 2023 as compared to Rs. 0.52 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 296.3928 crs	₹315.1776 crs	-5.96%
Net Profit	₹7.1763 crs	₹4.4840 crs	60.04%
EPS	₹0.82	₹0.52	57.69%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 296.3928 crores during the period ended June 30, 2023 as compared to Rs.299.5510 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.7.1763 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.7.7660 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.82 for the period ended June 30, 2023 as compared to Rs.0.89 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 296.3928 crs	₹299.5510 crs	-1.05%
Net Profit	₹7.1763 crs	₹7.7660 crs	-7.59%
EPS	₹0.82	₹0.89	-7.87%

Shares of Nelcast Limited was last trading in BSE at Rs. 117.80 as compared to the previous close of Rs. 112.96. The total number of shares traded during the day was 162035 in over 2982 trades.

The stock hit an intraday high of Rs. 118.80 and intraday low of 113.15. The net turnover during the day was Rs. 18857528.00.

Source : Equity Bulls

Keywords

Nelcast Q1FY24 ResultUpdate