NELCO consolidated net profit declines 32.37% in the March 2022 quarter

Sales rise 10.58% to Rs 71.69 crore

Net profit of NELCO declined 32.37% to Rs 3.03 crore in the quarter ended March 2022 as against Rs 4.48 crore during the previous quarter ended March 2021. Sales rose 10.58% to Rs 71.69 crore in the quarter ended March 2022 as against Rs 64.83 crore during the previous quarter ended March 2021.

For the full year,net profit rose 30.10% to Rs 16.08 crore in the year ended March 2022 as against Rs 12.36 crore during the previous year ended March 2021. Sales rose 15.01% to Rs 260.07 crore in the year ended March 2022 as against Rs 226.12 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales71.6964.83 11 260.07226.12 15 OPM %17.7020.48 -19.4519.84 - PBDT12.2512.19 0 47.7938.18 25 PBT5.236.30 -17 23.1515.88 46 NP3.034.48 -32 16.0812.36 30

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