NELCAST Q2 : CONS NET PROFIT UP 240.7% AT 16.20 CR (YOY), UP 215.4% (QOQ). STRONG (On 1st Look)

Revenue up 94.1% at ₹405.05 Cr (YOY), up 18.8% (QOQ). Ebitda up 91.9% at ₹32.79 Cr (YOY), up 108.1% (QOQ); margins 8.1% v 8.2% (YOY), 4.6% (QOQ). Finance costs down to ₹7.45 Cr v ₹8.43 Cr (YOY); EPS ₹1.86 v ₹0.55 (YOY). Consolidated same as standalone as subsidiary NC Energy is yet to commence commercial operations.

Nelcast Ltd

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