Nelcast Reports Impressive Q4 Results with Substantial Profit Growth May 15, 2025
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14May 25
Nelcast Reports Robust Q4 Performance with Significant Profit Growth
Nelcast Ltd., an iron castings manufacturer, announced impressive Q4 FY2023-24 results. Revenue increased 11.86% to 3.30 billion rupees, EBITDA grew 90.87% to 297.00 million rupees, and net profit surged 166.27% to 135.00 million rupees. EBITDA margin improved to 9.00% from 5.26%. For the full fiscal year, annual revenue slightly increased by 0.09% to 128.12 billion rupees, while annual net profit rose 83.16% to 5.44 billion rupees. The company's strong performance is attributed to revenue growth, operational efficiency, and improved profitability.