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 Q2FY24 of ₹76.65 Crores up from ₹75.44 Crore year on year, a rise of 1.6%.
- Total Expenses for Q2FY24 of ₹69.54 Crores down from ₹69.89 Crores year on year, a fall of 0.5%.
- Consolidated Net Profit of ₹5.69 Crores up 27.29% from ₹4.47 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.49, up 27.04% from ₹1.96 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.