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North Eastern Carrying Corporation Ltd Q1FY24; 55% rise in Profits

North Eastern Carrying Corporation Ltd provides freight transportation services to bulk and retail customers, largely in the Full Truckload (FTL) segment, and other services such as warehousing and packing.

Financial Results:

North Eastern Carrying Corporation Ltd reported Revenues for Q1FY24 of ₹83.85 Crores up from ₹82.09 Crore year on year, a rise of 2.14%.

Total Expenses for Q1FY24 of ₹82.13 Crores up from ₹80.57 Crores year on year, a rise of 1.94%.

Consolidated Net Profit of ₹1.49 Crores up 55.21% from ₹0.96 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.16, up 60.00% from ₹0.10 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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