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The cement dispatches increased by 5% to 741,556 in Q3 FY24 as compared with Q2 FY23.
The production and dispatches of Cement Boards aggregated to 20,766 MT (up 8% YoY) and 19,782 MT (up 2% YoY), respectively.
RMC production & sales jumped 29% to 80,974 cubic meter (CuM) in Q3 FY24 from 62,868 CuM in Q3 FY23. The company produced & sold 6,237 doors during the quarter, up 16% YoY.
Energy (Hydro Power) generation declined 90% to 1.73 million units (MU) in Q3 FY24 from 17.91 MU in Q3 FY23.
NCL Industries manufactures different varieties of cement, cement bonded particle boards, ready-mix concrete and doors.
The company's consolidated net profit stood at Rs 13.64 crore in Q2 FY24, steeply higher than Rs 2.98 crore posted in Q2 FY23. Net sales stood at Rs 430.87 crore in Q2 FY24, up 18.1% YoY.
The scrip shed 0.37% to Rs 227.50 on the BSE.
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