Nelco Ltd.

The sales surged to Rs. 471.50 millions, up 41.68% for the September 2022 quarter as against Rs. 332.80 millions during the corresponding quarter previous year.The company almost doubled its revenue to Rs. 46.10 millions  from Rs. 0.70 millions in the quarter ended September 2022.The company reported a good operating profit of 101.30 millions compared to 26.50 millions of corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202209	202109	% Var	202209	202109	% Var	202203	202103	% Var
Sales	471.50	332.80	41.68	888.50	674.30	31.77	1431.60	1311.20	9.18
Other Income	9.40	1.10	754.55	12.00	14.90	-19.46	25.90	15.20	70.39
PBIDT	101.30	26.50	282.26	174.40	98.20	77.60	243.20	249.60	-2.56
Interest	10.10	4.30	134.88	20.10	10.40	93.27	26.80	43.80	-38.81
PBDT	91.20	22.20	310.81	154.30	87.80	75.74	216.40	205.80	5.15
Depreciation	25.90	21.20	22.17	50.40	42.50	18.59	83.50	80.90	3.21
PBT	65.30	1.00	6430.00	103.90	45.30	129.36	132.90	124.90	6.41
TAX	19.20	0.30	6300.00	30.70	13.50	127.41	30.70	32.50	-5.54
Deferred Tax	0.60	-0.30	-300.00	-0.10	-1.10	-90.91	1.70	-2.10	-180.95
PAT	46.10	0.70	6485.71	73.20	31.80	130.19	102.20	92.40	10.61
Equity	228.20	228.20	0.00	228.20	228.20	0.00	228.20	228.20	0.00
PBIDTM(%)	21.48	7.96	169.82	19.63	14.56	34.78	16.99	19.04	-10.76