Expenses during the period under review stood at Rs 509 crore as compared to Rs 428 crore earlier
However, on a standalone basis, the company reported a loss of Rs 46.40 crore in the latest September quarter
Its cost of materials consumed fell 2.1% to Rs 94.4 crore, accounting for about 21% of total expenses in the quarter
The company had posted a consolidated profit of Rs 197.02 crore in the year-ago period, NLC India said in a filing to BSE
Its total income dipped to Rs 916.25 crore in the quarter from Rs 925.56 crore a year ago
Order booking in the quarter grew 9 per cent to Rs 2,015 crore compared to Rs 1,856 crore
Its total income rose to Rs 5,418.74 crore in the quarter from Rs 5,197.25 crore a year ago
The city-based company had registered net profit at Rs 4.74 crore during the corresponding quarter in the previous year
Total income was 52% higher at Rs 8,446 crore as against Rs 5,572 crore in September quarter 2021-22
Shares of the company were trading at Rs 427.70, down 1.4% at 0847 GMT
Analysts on average had expected a profit of Rs 236 crore, according to Refinitiv IBES data
According to Dr. Anish Shah, Managing Director & CEO, the financial results reflect the progress the company has made on the strategic imperatives
Total expenses also jumped to Rs 321.76 crore in the latest September quarter
However, the consolidated revenue from operations in the second quarter of the current fiscal increased to Rs 56,176 crore from Rs 47,665 crore in the year-ago period
Its profit was Rs 2,395.01 crore in the July-September period of the preceding 2021-22 fiscal, the company said in a BSE filing
Revenue from operations during the quarter under review rose to Rs 29,870 crore from Rs 21,470 crore in the year-ago period
For the half year ending September 30, 2022 the consolidated profit grew to Rs 68.12 crore from Rs 20.60 crore registered in same period of previous year
Production of flat rolled products rose 30 per cent to 13.61 lakh tonne from 10.45 lakh tonne in the same month last year.
It had clocked a Rs 19 crore net profit in the July-September period of the preceding 2021-22 fiscal, the company said in a statement on Friday
Matchmaking service provider Matrimony.com has reported consolidated net profit for the July-September quarter at 11.70 crore, the company said on Friday