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14/07/2025 15:40

Nelco Ltd Q1 net profit down 71.91% at Rs 1.16 cr

The company reported standalone net profit of Rs 1.16 crore for the quarter ended June 30, 2025 as compared to Rs 4.13 crore in the same period last year, registering a year-on-year decline of 71.91 per cent.

Net revenue of the company declined moderately by 12.03 per cent at Rs 46.87 crore in April-June quarter of this fiscal as against Rs 53.28 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 3.68 per cent to Rs 42.64 crore from Rs 44.27 crore in year ago period.

Other Income grew by 518.18 per cent at Rs 0.68 crore versus (Jun'24 Rs 0.11 crore).

Operating Profit slipped by 53.05 per cent to Rs 4.23 crore as against Rs 9.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 46.66 per cent in June quarter.

Interest grew by 133.33 per cent y-o-y to Rs 0.21 crore, while Taxation decreased by 70.71 per cent at Rs 0.41 crore (Jun'24 Rs 1.40 crore).