NLC India Q1 results show revenue fell from 5855.57 crores to 3428.48 crores, a -41.45% decrease in growth. EPS down from ₹6.03 to ₹2.98, down by 00%.
First, Let’s Begin with Quarter-on-Quarter Basis:
NLC India shared its Q1 results on Friday. They earned 3428.48 crores in revenue this quarter, but that’s less than the 5855.57 crores they made last quarter. Unfortunately, the company’s growth decreased by -41.45 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 404.71 crores, down from 829.67 crores in the previous quarter. Their quarter-to-quarter growth decreased by -51.22 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹2.98, which is a decrease of -50.58% from the ₹6.03 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 3428.48 crores this year (2023), which is -13.55 percent lower than last year’s total revenue of 3966.01 crores.
This year’s PAT (Profit After Tax) is 404.71 crores, which is also -27.97% lower than last year’s PAT of 561.83 crores.
The EPS (Earnings Per Share) for this year is ₹2.98, which is -27.32% less than the EPS of ₹4.10 earned last year.
Also Read: India Grid Trust Q1FY24 Results: Consolidated PAT of Rs. 104.22 Cr
NLC India Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About NLC India:
NLC India Limited functions as a mining and power company with a primary emphasis on lignite mining. Additionally, it offers services for thermal and renewable power generation. The company serves clients within India.
Download the Full PDF of NLC India Q1 Results: Click Here
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