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    HomeNewsBusinessMoneycontrol ResearchNelcast: Well-placed to ride the demand from CV, export markets

    Nelcast: Well-placed to ride the demand from CV, export markets

    The company is on track on the back of an upturn in CV cycle, higher export demand and improvement in EBITDA

    Nandish Shah
    February 27, 2023 / 10:06 IST
    Nelcast: Well-placed to ride the demand from CV, export markets

    Nelcast: Nelcast Q2 profit spikes 262% YoY to Rs 12.15 crore supported by topline, operating performance. Revenue grows 37%. The company has reported a 262% year-on-year increase in consolidated profit at Rs 12.15 crore for the quarter ended September FY23, supported by topline as well as operating performance. Revenue at Rs 328.52 crore for the quarter increased by 37.4% compared to year-ago period.

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    Disclosure & Disclaimer

    This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More