Nelco Ltd.

The sales moved up 33.38% to Rs. 556.20 millions for the June 2023 quarter as compared to Rs. 417.00 millions during the year-ago period.Net Profit for the quarter ended June 2023 zoomed to 105.54% from Rs. 27.10 millions to Rs. 55.70  millions.Operating Profit saw a handsome growth to 112.20 millions from 71.60 millions in the quarter ended June 2023.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202306	202206	% Var	202306	202206	% Var	202303	202203	% Var
Sales	556.20	417.00	33.38	556.20	417.00	33.38	1970.40	1431.60	37.64
Other Income	3.50	2.60	34.62	3.50	2.60	34.62	26.80	25.90	3.47
PBIDT	112.20	71.60	56.70	112.20	71.60	56.70	433.70	238.30	82.00
Interest	5.50	8.50	-35.29	5.50	8.50	-35.29	33.70	21.90	53.88
PBDT	106.70	63.10	69.10	106.70	63.10	69.10	400.00	216.40	84.84
Depreciation	29.10	24.50	18.78	29.10	24.50	18.78	106.50	83.50	27.54
PBT	77.60	38.60	101.04	77.60	38.60	101.04	293.50	132.90	120.84
TAX	21.90	11.50	90.43	21.90	11.50	90.43	84.70	30.70	175.90
Deferred Tax	1.40	-0.70	-300.00	1.40	-0.70	-300.00	-0.60	1.70	-135.29
PAT	55.70	27.10	105.54	55.70	27.10	105.54	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(%)	20.17	17.17	17.49	20.17	17.17	17.49	22.01	16.65	32.23