Nilkanth Engineering Reports Consolidated Q1 Profit of ₹55.80 Crore, Standalone Loss Narrows
Nilkanth Engineering Limited's Q1 results show contrasting performances. Consolidated net profit increased to ₹55.80 crore from ₹23.09 crore, driven by ₹62.48 crore profit from associates. Standalone net loss narrowed to ₹6.68 crore from ₹6.82 crore. Total income remained stable at ₹5.99 crore, with no operational revenue. Consolidated EPS was ₹4.48, while standalone EPS was -₹0.54. Significant Other Comprehensive Losses were reported due to fair value measurement on investments.