NESCO consolidated net profit rises 3.06% in the March 2020 quarter

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Sales rise 25.92% to Rs 117.75 crore

Net profit of NESCO rose 3.06% to Rs 52.92 crore in the quarter ended March 2020 as against Rs 51.35 crore during the previous quarter ended March 2019. Sales rose 25.92% to Rs 117.75 crore in the quarter ended March 2020 as against Rs 93.51 crore during the previous quarter ended March 2019.

For the full year,net profit rose 29.63% to Rs 233.89 crore in the year ended March 2020 as against Rs 180.43 crore during the previous year ended March 2019. Sales rose 19.61% to Rs 431.73 crore in the year ended March 2020 as against Rs 360.94 crore during the previous year ended March 2019. ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales117.7593.51 26 431.73360.94 20 OPM %60.5469.70 -64.4464.49 - PBDT82.9377.08 8 314.72259.77 21 PBT78.0674.52 5 292.29247.89 18 NP52.9251.35 3 233.89180.43 30

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First Published: Tue, May 19 2020. 14:57 IST