Nelco Ltd.

The sales surged to Rs. 556.20 millions, up 33.38% for the June 2023 quarter as against Rs. 417.00 millions during the corresponding quarter previous year.Net Profit for the quarter ended June 2023 zoomed to 105.54% from Rs. 27.10 millions to Rs. 55.70  millions.Operating profit for the quarter ended June 2023 rose to 112.20 millions as compared to 71.60 millions of corresponding quarter ended June 2022.

(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