NLC India has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 3- fold jump in its net profit at Rs 1121.41 crore for Q2FY24 as compared to Rs 367.21 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 2.73% at Rs 2744.18 crore for Q2FY24 as compared Rs 2821.14 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 1085.93 crore for the quarter under review as compared to Rs 417.03 crore for the same quarter in the previous year. However, total income of the company decreased by 9.64% at Rs 3234.03 crore for Q2FY24 as compared Rs 3579.15 crore for the corresponding quarter previous year.