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NLC India Ltd Q1FY24; 27% fall in Profits

NLC India is engaged in the business of mining of lignite and generation of power by using lignite as well as Renewable Energy Sources.(Source : 202003 Annual Report Page No:89)

Financial Results:

NLC India Ltd reported Revenues for Q1FY24 of ₹3,316.00 Crores down from ₹3,863.00 Crore year on year, a fall of 14.16%.

Total Expenses for Q1FY24 of ₹2,815.00 Crores down from ₹3,112.00 Crores year on year, a fall of 9.54%.

Consolidated Net Profit of ₹414.00 Crores down 27.24% from ₹569.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.92, down 27.90% from ₹4.05 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.

Categories: AlphaGraphs Energy
Tags: Lignite
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