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NESCO Ltd Q3FY24; 34% rise in Profits

NESCO is engaged in the businesses of Licencing premises in IT park buildings and providing related services, licencing premises for exhibitions and providing services to the organisers, manufacturing of machines and capital equipment, and providing hospitality and catering services.

Financial Results:

NESCO Ltd reported Revenues for Q3FY24 of ₹178.00 Crores up from ₹143.00 Crore year on year, a rise of 24.48%.

Total Expenses for Q3FY24 of ₹84.00 Crores up from ₹72.00 Crores year on year, a rise of 16.67%.

Consolidated Net Profit of ₹94.00 Crores up 34.29% from ₹70.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹13.31, up 33.77% from ₹9.95 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.

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