NELCO consolidated net profit rises 36.30% in the March 2020 quarter

Sales rise 18.87% to Rs 61.23 crore

Net profit of NELCO rose 36.30% to Rs 5.82 crore in the quarter ended March 2020 as against Rs 4.27 crore during the previous quarter ended March 2019. Sales rose 18.87% to Rs 61.23 crore in the quarter ended March 2020 as against Rs 51.51 crore during the previous quarter ended March 2019.

For the full year,net profit declined 35.49% to Rs 14.38 crore in the year ended March 2020 as against Rs 22.29 crore during the previous year ended March 2019. Sales rose 15.14% to Rs 219.93 crore in the year ended March 2020 as against Rs 191.01 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales61.2351.51 19 219.93191.01 15 OPM %25.4121.65 -22.6318.84 - PBDT12.359.89 25 39.1332.98 19 PBT7.006.03 16 19.1120.02 -5 NP5.824.27 36 14.3822.29 -35

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