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NELCO consolidated net profit declines 8.75% in the December 2019 quarter

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Capital Market

Sales rise 24.47% to Rs 56.36 crore

Net profit of NELCO declined 8.75% to Rs 3.65 crore in the quarter ended December 2019 as against Rs 4.00 crore during the previous quarter ended December 2018. Sales rose 24.47% to Rs 56.36 crore in the quarter ended December 2019 as against Rs 45.28 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales56.3645.28 24 OPM %24.0419.66 -PBDT10.858.35 30 PBT5.755.10 13 NP3.654.00 -9

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First Published: Jan 24 2020 | 9:54 AM IST

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