Nelco reports 38% rise in Q3 consolidated net profit
Date: 20-01-2022Nelco has reported results for third quarter ended December 31, 2021.
The company has reported a fall of 32.45% in its net profit at Rs 2.56 crore for the quarter under review as compared to Rs 3.79 crore for the same quarter in the previous year. However, total income of the company increased by 19.10% at Rs 36.97 crore for Q3FY22 as compared Rs 31.04 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 37.70% in its net profit at Rs 5.26 crore for the quarter under review as compared to Rs 3.82 crore for the same quarter in the previous year. Total income of the company increased by 24.92% at Rs 73.50 crore for Q3FY22 as compared Rs 58.84 crore for the corresponding quarter previous year.