Stock Report

NESCO Ltd reports Rs. 32.46 crore consolidated net profit in Q2 FY2021



Posted On : 2020-11-12 13:55:38( TIMEZONE : IST )

NESCO Ltd reports Rs. 32.46 crore consolidated net profit in Q2 FY2021

NESCO LTD. has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.78.06 crores during the period ended September 30, 2020 as compared to Rs.91.38 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.32.46 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.51.32 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.4.61 for the period ended September 30, 2020 as compared to Rs.7.28 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 78.06 crs₹ 91.38 crsDown Tick -14.58%
Net Profit₹ 32.46 crs₹ 51.32 crsDown Tick -36.75%
EPS₹ 4.61₹ 7.28Down Tick -36.68%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.78.06 crores during the period ended September 30, 2020 as compared to Rs.134.63 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.32.46 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.73.95 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.4.61 for the period ended September 30, 2020 as compared to Rs.10.50 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 78.06 crs₹ 134.63 crsDown Tick -42.02%
Net Profit₹ 32.46 crs₹ 73.95 crsDown Tick -56.11%
EPS₹ 4.61₹ 10.50Down Tick -56.1%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.169.44 crores during the 6 months period ended September 30, 2020 as compared to Rs.214.23 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.83.79 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.111.85 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.11.89 for the 6 months period ended September 30, 2020 as compared to Rs.15.87 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 169.44 crs₹ 214.23 crsDown Tick -20.91%
Net Profit₹ 83.79 crs₹ 111.85 crsDown Tick -25.09%
EPS₹ 11.89₹15.87Down Tick -25.08%

Shares of NESCO LTD. was last trading in BSE at Rs.524 as compared to the previous close of Rs. 516.25. The total number of shares traded during the day was 5002 in over 592 trades.

The stock hit an intraday high of Rs. 524 and intraday low of 515. The net turnover during the day was Rs. 2603918.

Source : Equity Bulls

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