NELCO Q1 Results Live : profit falls by 20.42% YOY

NELCO Q1 Results Live : profit falls by 20.42% YOY

NELCO Q1 Results Live : NELCO announced their Q1 results on 11 Jul, 2024, reflecting a decrease in revenue by 5.99% and a decline in profit by 20.42% YoY.

Quarterly comparison shows a 9.23% decrease in revenue and a 25.25% drop in profit from the previous quarter.

Selling, general & administrative expenses saw a 9.25% increase q-o-q and a 7.69% rise y-o-y.

Operating income also took a hit, declining by 19.84% q-o-q and 23.75% y-o-y.

The Earnings Per Share (EPS) for Q1 stands at 2, down by 20.32% YoY.

In terms of returns, NELCO delivered -0.39% in the last week, with 6.7% return over the past 6 months and 10.73% Year-to-Date (YTD).

As of now, NELCO holds a market cap of 2007.22 Cr with a 52-week high/low of 957 & 642.55 respectively.

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