NLC India reports 111.6% rise in Q2 profit to Rs 417 cr on higher revenues
The company had posted a consolidated profit of Rs 197.02 crore in the year-ago period, NLC India said in a filing to BSE
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State-owned NLC India Ltd (NLCIL) on Friday reported a 111.6 per cent increase in its consolidated profit at Rs 417.03 crore for the quarter ended September 30, 2022, due to higher revenue from operations.
The company had posted a consolidated profit of Rs 197.02 crore in the year-ago period, NLC India said in a filing to BSE.
The consolidated revenue from operations of the public sector unit in the July-September period increased to Rs 3,489.28 crore from Rs 3,093.80 crore in the year-ago period.
NLCIL is a navratna company under the administrative control of the coal ministry.
(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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First Published: Nov 11 2022 | 5:39 PM IST