Nelco releases Consolidated Quarterly Results for March 31, 2023. Nelco has announced an increase in total income from Rs. 74.95 Crores as of December 31, 2022, to Rs. 82.83 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 5.00 Crores as of December 31, 2022, to Rs. 5.66 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 2.19 on December 31, 2022, to Rs. 2.48 on March 31, 2023, according to the company’s statement.
Nelco Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 82.83 Crores (March 31, 2023) vs. Rs. 74.95 Crores (December 31, 2022)
Net profit/loss: Rs. 5.66 Crores (March 31, 2023) vs. Rs. 5.00 Crores (December 31, 2022)
EPS: Rs. 2.48 (March 31, 2023) vs. Rs. 2.19 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 82.83 Cr | ₹ 74.95 Cr | ⬆ 10.51% |
| Net Profit | ₹ 5.66 Cr | ₹ 5.00 Cr | ⬆ 13.20% |
| EPS | ₹ 2.48 | ₹ 2.19 | ⬆ 13.24% |
Nelco Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 82.83 Crores (March 31, 2023) vs. Rs. 73.23 Crores (March 31, 2022)
Net profit/loss: Rs. 5.66 Crores (March 31, 2023) vs. Rs. 3.03 Crores (March 31, 2022)
EPS: Rs. 2.48 (March 31, 2023) vs. Rs. 1.33 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 82.83 Cr | ₹ 73.23 Cr | ⬆ 13.11% |
| Net Profit | ₹ 5.66 Cr | ₹ 3.03 Cr | ⬆ 86.80% |
| EPS | ₹ 2.48 | ₹ 1.33 | ⬆ 86.47% |
Nelco Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 315.90 Crores (March 31, 2023) vs. Rs. 264.81 Crores (March 31, 2022)
Net profit/loss: Rs. 19.85 Crores (March 31, 2023) vs. Rs. 16.08 Crores (March 31, 2022)
EPS: Rs. 8.70 (March 31, 2023) vs. Rs. 7.05 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 315.90 Cr | ₹ 264.81 Cr | ⬆ 19.29% |
| Net Profit | ₹ 19.85 Cr | ₹ 16.08 Cr | ⬆ 23.45% |
| EPS | ₹ 8.70 | ₹ 7.05 | ⬆ 23.40% |
Nelco Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹2.00 per Equity Share of Face Value of ₹10 each of the Company (20% of Face Value). Total Dividend for FY23 stood at ₹1.80 per Equity Share (Interim Dividend of ₹10 per Equity Share)
| Dividend | Record Date |
| ₹2.00 per Equity Share | Coming Soon |
The dividend’s record date has not yet come
Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )
About Nelco:
Founded in 1940, Nelco is a subsidiary of the prominent business conglomerate, Tata group. The company specializes in industrial control, power and electronics system integration, as well as product management in the areas of defence electronics, VSAT networks, and automation.
Download Full PDF Q4 Results Nelco:
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