NESCO standalone net profit rises 2.98% in the March 2020 quarter

Sales rise 25.92% to Rs 117.75 crore

Net profit of NESCO rose 2.98% to Rs 52.90 crore in the quarter ended March 2020 as against Rs 51.37 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 29.75% to Rs 233.79 crore in the year ended March 2020 as against Rs 180.18 crore during the previous year ended March 2019. Sales rose 20.24% to Rs 431.73 crore in the year ended March 2020 as against Rs 359.05 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales117.7593.51 26 431.73359.05 20 OPM %60.6269.79 -64.4664.41 - PBDT82.9777.11 8 314.66259.56 21 PBT78.1074.55 5 292.22247.69 18 NP52.9051.37 3 233.79180.18 30

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