{"id":149438,"date":"2023-07-20T06:50:45","date_gmt":"2023-07-20T10:50:45","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149438"},"modified":"2023-07-20T06:50:46","modified_gmt":"2023-07-20T10:50:46","slug":"nelco-ltd-q1fy24-21-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/nelco-ltd-q1fy24-21-rise-in-profits\/","title":{"rendered":"NELCO Ltd Q1FY24; 21% rise in Profits"},"content":{"rendered":"\n<p>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 &amp; Surveillance Solutions<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>NELCO Ltd reported Revenues for Q1FY24 of \u20b978.80 Crores down from \u20b981.68 Crore year on year, a fall of 3.53%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b971.12 Crores down from \u20b975.30 Crores year on year, a fall of 5.55%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b95.73 Crores up 21.4% from \u20b94.72 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b92.51, up 21.26% from \u20b92.07 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86-839x1024.png\" alt=\"\" class=\"wp-image-149439\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-86.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &amp; Surveillance Solutions Financial Results: NELCO Ltd reported Revenues for Q1FY24 of \u20b978.80 Crores down from \u20b981.68 Crore year on year, a fall of 3.53%. Total Expenses for Q1FY24 [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,8],"tags":[2382],"class_list":["post-149438","post","type-post","status-publish","format-standard","hentry","category-infographics","category-technology-stocks","tag-electronics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152608,"url":"https:\/\/alphastreet.com\/india\/mirc-electronics-ltd-q1fy24-47-fall-in-revenue\/","url_meta":{"origin":149438,"position":0},"title":"MIRC Electronics Ltd Q1FY24; 47% fall in Revenue","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"MIRC Electronics Limited was established in 1981 and promoted by Mr Gulu. L. Mirchandani and Mr Vijay. J. Mansukhani has an established presence for over 3 decades. The company's goal was manufacturing televisions sets which transformed into a complete consumer durable company with a wide product portfolio. Financial Results: MIRC\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-645.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153239,"url":"https:\/\/alphastreet.com\/india\/tvs-electronics-ltd-q1fy24-92-fall-in-profits\/","url_meta":{"origin":149438,"position":1},"title":"TVS Electronics Ltd Q1FY24; 92% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"TVS Electronics Ltd manufactures and sells Point of sale devices, Printers, Keyboards, etc. besides providing service for various Original Equipment Manufacturers via delivery models like exclusive service centers, multi brand service centers, Onsite support, repair centers and factories. Financial Results: TVS Electronics Ltd reported Revenues for Q1FY24 of \u20b989.84 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-851.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152369,"url":"https:\/\/alphastreet.com\/india\/elin-electronics-ltd-q1fy24-20-rise-in-profits\/","url_meta":{"origin":149438,"position":2},"title":"Elin Electronics Ltd Q1FY24; 20% rise in Profits","author":"Divyansh_Kasana","date":"August 10, 2023","format":false,"excerpt":"Incorporated in 1969, Elin Electronics Limited is a leading electronics manufacturing services (\"EMS\") provider. 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