Nelco, a part of Tata Group, started in 1940 as a electronics company. Nelco offers solutions in areas of VSAT connectivity, Satcom Projects and Integrated Security & Surveillance Solutions
Financial Results:
NELCO Ltd reported Revenues for Q1FY24 of ₹78.80 Crores down from ₹81.68 Crore year on year, a fall of 3.53%.
Total Expenses for Q1FY24 of ₹71.12 Crores down from ₹75.30 Crores year on year, a fall of 5.55%.
Consolidated Net Profit of ₹5.73 Crores up 21.4% from ₹4.72 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.51, up 21.26% from ₹2.07 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.