Nelco Ltd.

A fair growth of 14.27% in the revenue at Rs. 538.80 millions was reported in the September 2023 quarter as compared to Rs. 471.50 millions during year-ago period.Net Profit recorded in the quarter ended September 2023 rise to 30.80% to Rs. 60.30  millions  compared to R. 46.10 millions in corresponding previous quarter.Operating Profit saw a handsome growth to 116.90 millions from 100.10 millions in the quarter ended September 2023.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202309	202209	% Var	202309	202209	% Var	202303	202203	% Var
Sales	538.80	471.50	14.27	1095.00	888.50	23.24	1970.40	1431.60	37.64
Other Income	5.20	9.40	-44.68	8.70	12.00	-27.50	26.80	25.90	3.47
PBIDT	116.90	100.10	16.78	229.10	171.70	33.43	433.70	238.30	82.00
Interest	5.00	8.90	-43.82	10.50	17.40	-39.66	33.70	21.90	53.88
PBDT	111.90	91.20	22.70	218.60	154.30	41.67	400.00	216.40	84.84
Depreciation	31.50	25.90	21.62	60.60	50.40	20.24	106.50	83.50	27.54
PBT	80.40	65.30	23.12	158.00	103.90	52.07	293.50	132.90	120.84
TAX	20.10	19.20	4.69	42.00	30.70	36.81	84.70	30.70	175.90
Deferred Tax	1.40	0.60	133.33	2.80	-0.10	-2900.00	-0.60	1.70	-135.29
PAT	60.30	46.10	30.80	116.00	73.20	58.47	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(%)	21.70	21.23	2.20	20.92	19.32	8.27	22.01	16.65	32.23