NELCO has reported a significant decline in net profit, which fell by 28.1% year-on-year to ₹4.1 crore. Revenue for the quarter increased by 7.7% to ₹82.6 crore, but EBITDA dropped by 16% to ₹17.5 crore, with margins narrowing to 21.2% from 27.1% in the same period last year.
Nelco Q2 FY25 Results: Net profit declines 28% to ₹4.10 crore
Revenue from Operations:
- Q2 FY25: ₹82.55 crore
- Q1 FY25: ₹74.08 crore
- Q2 FY24: ₹76.65 crore
Nelco posted an 11.4% quarter-on-quarter (QoQ) increase in revenue, rising from ₹74.08 crore in Q1 FY25 to ₹82.55 crore in Q2 FY25. Year-on-year (YoY), the revenue grew by 7.68%, from ₹76.65 crore in Q2 FY24 to ₹82.55 crore in Q2 FY25.
Net Profit:
- Q2 FY25: ₹4.10 crore
- Q1 FY25: ₹4.56 crore
- Q2 FY24: ₹5.69 crore
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