Nelco Limited reported earnings results for the first quarter ended June 30, 2024. For the first quarter, the company reported sales was INR 740.8 million compared to INR 788 million a year ago. Revenue was INR 741.9 million compared to INR 791.8 million a year ago.

Net income was INR 45.6 million compared to INR 57.3 million a year ago. Basic earnings per share from continuing operations was INR 1.81 compared to INR 2.44 a year ago. Diluted earnings per share from continuing operations was INR 1.81 compared to INR 2.44 a year ago.