Nelco Ltd.

A decent increase of about 43.53% in the sales to Rs. 562.80 millions was observed for the quarter ended March 2023. The sales figure stood at Rs. 392.10 millions during the year-ago period.The Profit  for the quarter ended March 2023 of  Rs. 77.10  millions  grew by 72.10% from Rs. 44.80 millions.Operating profit for the quarter ended March 2023 rose to 145.70 millions as compared to 75.80 millions of corresponding quarter ended March 2022.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202303	202203	% Var	202303	202203	% Var	202303	202203	% Var
Sales	562.80	392.10	43.53	1970.40	1431.60	37.64	1970.40	1431.60	37.64
Other Income	6.00	6.50	-7.69	26.80	25.90	3.47	26.80	25.90	3.47
PBIDT	145.70	75.80	92.22	433.70	238.30	82.00	433.70	238.30	82.00
Interest	9.00	6.70	34.33	33.70	21.90	53.88	33.70	21.90	53.88
PBDT	136.70	69.10	97.83	400.00	216.40	84.84	400.00	216.40	84.84
Depreciation	29.30	17.90	63.69	106.50	83.50	27.54	106.50	83.50	27.54
PBT	107.40	51.20	109.77	293.50	132.90	120.84	293.50	132.90	120.84
TAX	30.30	6.40	373.44	84.70	30.70	175.90	84.70	30.70	175.90
Deferred Tax	0.90	4.60	-80.43	-0.60	1.70	-135.29	-0.60	1.70	-135.29
PAT	77.10	44.80	72.10	208.80	102.20	104.31	208.80	102.20	104.31
Equity	228.20	228.20	0.00	228.20	228.20	0.00	228.20	228.20	0.00
PBIDTM(%)	25.89	19.33	33.92	22.01	16.65	32.23	22.01	16.65	32.23