 "NLC India Q3 results: Profit at Rs 254 cr, income declines to Rs 3,249 cr")
NLC India on Tuesday reported a consolidated profit of Rs 254.10 crore for the quarter ended on December 31, 2023.
The company had posted a consolidated loss of Rs 396.35 crore in the year-ago period.
The consolidated income of the company during October-December period declined to Rs 3,249.391 crore from Rs 3,982.49 crore in the year-ago period, NLC India said in a filing to BSE.
In a statement, the PSU said that NLCIL incorporated a new wholly-owned subsidiary NLC India Green Energy Ltd (NIGEL) to undertake green projects.
NLC India is a Navratna company under the coal ministry. Its core business is mining and power generation.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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