
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:
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:
- 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.
- 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.
- Total Income:
- The total income declined sequentially by 1.46% and YoY by 2.19%, indicating flat revenue growth.
- 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