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NLC India reports consolidated net loss of Rs 396 crore in Q3

14 Feb 2023 Evaluate

NLC India has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported net loss at Rs 398.84 crore for Q3FY23 as compared to net profit of Rs 229.62 crore for the same quarter in the previous year. However, total income of the company increased by 26.04% at Rs 3163.11 crore for the quarter under review as compared Rs 2509.59 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 396.35 crore for Q3FY23 as compared to net profit of Rs 229.88 crore for the same quarter in the previous year. However, total income of the company increased by 39.98% to Rs 3982.49 crore for the quarter under review as compared to Rs 2845.08 crore for the same quarter in the previous year.

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