Nelcast Ltd, incorporated in 1982, manufactures Iron Castings. The Co. has manufacturing plants at Gudur and Pedapariya in Andhra Pradesh, and Ponneri in Tamil Nadu. It manufactures grey and ductile castings for the M&HCV and tractor industry segments. It also supplies ribbed plates and brake discs used in metro rail projects and railways.
Financial Results:
Nelcast Ltd reported Revenues for Q1FY24 of ₹292.77 Crores down from ₹295.25 Crore year on year, a fall of 0.84%.
Total Expenses for Q1FY24 of ₹287.18 Crores down from ₹288.67 Crores year on year, a fall of 0.52%.
Consolidated Net Profit of ₹7.18 Crores down 7.59% from ₹7.77 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.83, down 6.74% from ₹0.89 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.