Nelco Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 816.1 million compared to INR 819.8 million a year ago. Revenue was INR 823.4 million compared to INR 828.3 million a year ago. Net income was INR 61 million compared to INR 56.6 million a year ago. Basic earnings per share from continuing operations was INR 2.67 compared to INR 2.48 a year ago.
For the full year, sales was INR 3,203 million compared to INR 3,133.3 million a year ago. Revenue was INR 3,226.6 million compared to INR 3,159 million a year ago. Net income was INR 236.7 million compared to INR 198.5 million a year ago. Basic earnings per share from continuing operations was INR 10.37 compared to INR 8.7 a year ago.