Nelcast announced that the 42th Annual General Meeting(AGM) of the company will be held on 25 July 2024.Powered by Capital Market - Live News

Nelcast announced that the Board of Directors of the Company at its meeting held on 13 May 2024, inter alia, have recommended the final dividend of Rs 0.4 per equity Share (i.e. 20%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Nelcast rose 13.17% to Rs 5.07 crore in the quarter ended March 2024 as against Rs 4.48 crore during the previous quarter ended March 2023. Sales declined 5.65% to Rs 295.47 crore in the quarter ended March 2024 as against Rs 313.18 crore during the previous quarter ended March 2023.For the full year,net profit rose 82.95% to Rs 54.41 crore in the year ended March 2024 as against Rs 29.74 crore during the previous year ended March 2023. Sales rose 0.23% to Rs 1266.94 crore in the year ended March 2024 as against Rs 1263.97 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales295.47313.18 -6 1266.941263.97 0 OPM %5.276.01 -7.286.28 - PBDT11.4012.45 -8 74.9564.33 17 PBT5.415.99 -10 50.8240.32 26 NP5.074.48 13 54.4129.74 83 Powered by Capital Market - Live News

Nelcast will hold a meeting of the Board of Directors of the Company on 13 May 2024.Powered by Capital Market - Live News

Nelcast announced the commissioning of solar power plant as part of its clean, renewable energy commitments. The company has installed 1 MW solar power plant at its Pedapariaya Plant in Andhra Pradesh. Powered by Capital Market - Live News