Stock Report

Nelcast Ltd consolidated Q3 FY2024 PAT soars to Rs. 25.53 crores



Posted On : 2024-01-29 23:06:55( TIMEZONE : IST )

Nelcast Ltd consolidated Q3 FY2024 PAT soars to Rs. 25.53 crores

Nelcast Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 322.9746 crores during the period ended December 31, 2023 as compared to Rs. 362.6366 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 25.5306 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 16.6389 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.93 for the period ended December 31, 2023 as compared to Rs. 1.91 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹322.9746 crs ₹362.6366 crs Up Tick / Down Tick-10.94%
Net Profit ₹25.5306 crs ₹16.6389 crs Up Tick / Down Tick53.44%
EPS ₹2.93 ₹1.91 Up Tick / Down Tick53.40%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs.322.9746 crores during the period ended December 31, 2023 as compared to Rs.333.7285 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.25.5306 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.5.3351 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.93 for the period ended December 31, 2023 as compared to Rs.0.61 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹322.9746 crs ₹333.7285 crs Up Tick / Down Tick-3.22%
Net Profit ₹25.5306 crs ₹5.3351 crs Up Tick / Down Tick378.54%
EPS ₹2.93 ₹0.61 Up Tick / Down Tick380.33%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.982.0040 crores during the 9 Months period ended December 31, 2023 as compared to Rs.964.9408 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.49.3458 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.25.2514 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.5.67 for the 9 Months period ended December 31, 2023 as compared to Rs.2.90 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹982.0040 crs ₹964.9408 crs Up Tick / Down Tick1.77%
Net Profit ₹49.3458 crs ₹25.2514 crs Up Tick / Down Tick95.42%
EPS ₹5.67 ₹2.90 Up Tick / Down Tick95.52%

Shares of Nelcast Limited was last trading in BSE at Rs. 166.85 as compared to the previous close of Rs. 169.75. The total number of shares traded during the day was 11839 in over 315 trades.

The stock hit an intraday high of Rs. 172.00 and intraday low of 166.20. The net turnover during the day was Rs. 1982384.00.

Source : Equity Bulls

Keywords

Nelcast Q3FY24 9MFY24 ResultUpdate