NESCO Ltd's consolidated Q1FY24 PAT slips QOQ to Rs. 76.07 crores

Nesco Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 161.2024 crores during the period ended June 30, 2023 as compared to Rs. 177.7230 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 76.0766 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 84.9544 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 10.80 for the period ended June 30, 2023 as compared to Rs. 12.06 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 161.2024 crs	₹177.7230 crs	-9.30%
Net Profit	₹76.0766 crs	₹84.9544 crs	-10.45%
EPS	₹10.80	₹12.06	-10.45%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 161.2024 crores during the period ended June 30, 2023 as compared to Rs.110.8460 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.76.0766 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.53.7028 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.10.80 for the period ended June 30, 2023 as compared to Rs.7.62 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 161.2024 crs	₹110.8460 crs	45.43%
Net Profit	₹76.0766 crs	₹53.7028 crs	41.66%
EPS	₹10.80	₹7.62	41.73%

Shares of Nesco Limited was last trading in BSE at Rs. 700.05 as compared to the previous close of Rs. 695.60. The total number of shares traded during the day was 9485 in over 935 trades.

The stock hit an intraday high of Rs. 706.30 and intraday low of 693.30. The net turnover during the day was Rs. 6643832.00.

Source : Equity Bulls

Keywords

NESCO Q1FY24 ResultUpdate