Hot Pursuit     19-Jul-22
Nelco gains after Q1 PAT rises 8% YoY to Rs 4.72 cr
Nelco advanced 2.63% to Rs 640.10 after the company's consolidated net profit rose 7.8% to Rs 4.72 crore on 48.2% increase in net sales to Rs 81.68 crore in Q1 FY23 over Q1 FY22.

Profit before tax stood at Rs 6.67 crore in Q1 FY23, up by 9% from Rs 6.12 crore reported in Q1 FY22.

The company's total expenses spiked 55.08% to Rs 66.64 crore in Q1 FY23 over Q1 FY22.

Nelco, a part of the Tata Group, is a satellite communication (SatCom or VSAT) service provider in India, providing highly reliable data connectivity solutions across the country mainly for the enterprise sector.

Previous News
  NELCO consolidated net profit rises 7.76% in the June 2022 quarter
 ( Results - Announcements 19-Jul-22   08:18 )
  NELCO consolidated net profit rises 27.29% in the September 2023 quarter
 ( Results - Announcements 16-Oct-23   16:38 )
  Reliance Infrastructure Ltd leads losers in 'A' group
 ( Hot Pursuit - 02-Sep-22   15:01 )
  NELCO announces board meeting date
 ( Corporate News - 06-Oct-23   10:03 )
  NELCO Ltd leads losers in 'A' group
 ( Hot Pursuit - 06-Sep-21   15:00 )
  NELCO consolidated net profit declines 23.02% in the March 2021 quarter
 ( Results - Announcements 29-Apr-21   08:11 )
  NELCO consolidated net profit rises 16.62% in the December 2018 quarter
 ( Results - Announcements 25-Jan-19   16:13 )
  NELCO to convene AGM
 ( Corporate News - 12-May-23   10:33 )
  NELCO to convene board meeting
 ( Corporate News - 15-Apr-22   10:54 )
  NELCO consolidated net profit rises 4.66% in the December 2020 quarter
 ( Results - Announcements 29-Jan-21   08:01 )
  Nelco gains after Q1 PAT rises 8% YoY to Rs 4.72 cr
 ( Hot Pursuit - 19-Jul-22   09:25 )
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