North Eastern Carrying Corporation standalone net profit rises 155.36% in the March 2024 quarter,
Net profit of North Eastern Carrying Corporation rose 155.36% to Rs 2.86 crore in the quarter ended March 2024 as against Rs 1.12 crore during the previous quarter ended March 2023. Sales rose 25.16% to Rs 91.84 crore in the quarter ended March 2024 as against Rs 73.38 crore during the previous quarter ended March 2023.For the full year,net profit rose 38.99% to Rs 8.02 crore in the year ended March 2024 as against Rs 5.77 crore during the previous year ended March 2023. Sales rose 9.52% to Rs 335.12 crore in the year ended March 2024 as against Rs 305.99 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales91.8473.38 25 335.12305.99 10 OPM %5.177.84 -6.196.45 - PBDT3.653.42 7 13.3012.23 9 PBT2.972.70 10 10.179.39 8 NP2.861.12 155 8.025.77 39 Powered by Capital Market - Live News
North Eastern Carrying Corp. to discuss results,
North Eastern Carrying Corp. will hold a meeting of the Board of Directors of the Company on 30 May 2024Powered by Capital Market - Live News
NECC Board approved raising funds via equity issuance,
The Board of North Eastern Carrying Corporation at its meeting held on 04 April 2024 has approved the allotment of 6,70,000 equity shares and 3955062 share warrants convertible into equity shares on preferential basis of face value of Rs 10 each at a price of Rs. 32.05 which includes a premium of Rs. 22.05 per equity share to promoters and other non-promoter group person (hereinafter referred to as �Allottees�) for cash consideration by way of preferential issue on a private placement basis. Powered by Capital Market - Live News
North Eastern Carrying Corp. to conduct EGM,
North Eastern Carrying Corp. announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 8 March 2024 .Powered by Capital Market - Live News
North Eastern Carrying Corporation standalone net profit rises 18.31% in the December 2023 quarter,
Net profit of North Eastern Carrying Corporation rose 18.31% to Rs 2.52 crore in the quarter ended December 2023 as against Rs 2.13 crore during the previous quarter ended December 2022. Sales rose 18.66% to Rs 85.59 crore in the quarter ended December 2023 as against Rs 72.13 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales85.5972.13 19 OPM %7.547.20 - PBDT3.983.65 9 PBT3.102.95 5 NP2.522.13 18 Powered by Capital Market - Live News
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