Nelco Q3 FY2025 Results: Revenue down 3.02% YoY to Rs 80.72 crore, Net Profit down 19.51% YoY

Nelco Limited announced its financial results for the quarter ended December 31, 2024. The company reported mixed results, showcasing a marginal decline in income from operations and total income, but net profit improved sequentially.

Key Financial Highlights:

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Metric Q3 FY2025 Q2 FY2025 Q3 FY2024 QoQ Change YoY Change
Income from Operations ₹80.72 crore ₹82.55 crore ₹83.24 crore -2.21% -3.02%
Total Income ₹82.24 crore ₹83.46 crore ₹84.08 crore -1.46% -2.19%
Net Profit ₹4.95 crore ₹4.10 crore ₹6.15 crore +20.73% -19.51%

Performance Analysis:

  1. Income from Operations:
    • The revenue from operations witnessed a QoQ decline of 2.21% and a YoY decline of 3.02%, reflecting slight challenges in maintaining top-line growth.
  2. Net Profit:
    • Sequential improvement in net profit (+20.73% QoQ) indicates operational efficiency, despite the pressure on revenue.
    • Compared to the same period last year, net profit dropped by 19.51% YoY, largely due to higher expenses.
  3. Total Income:
    • The total income declined sequentially by 1.46% and YoY by 2.19%, indicating flat revenue growth.
  4. Expenses:
    • Total expenses for Q3 FY2025 stood at ₹68.54 crore, a slight increase from ₹66.92 crore in Q3 FY2024.

Nelco continues to navigate through a challenging market environment while focusing on operational improvements to boost profitability. Sequential growth in net profit highlights the company’s efforts to manage costs effectively, even as reve