NELCO posted a net profit of Rs 34.70 million for the September 2026 quarter, registering a 28.04% increase compared to the corresponding previous quarter figure of Rs 27.10 million. Revenue for the quarter rose 8.58% to Rs 527.90 million from Rs 486.20 million reported in the same period last year.
Key Financial Metrics
- Quarter revenue: Rs 527.90 million, up 8.58% year-over-year.
- Net profit: Rs 34.70 million, up 28.04% year-over-year.
- Operating profit: Rs 114.90 million compared to Rs 71.60 million previously.
- Profit Before Tax: Rs 46.80 million compared to Rs 35.80 million previously.
The company recorded an operating profit of Rs 114.90 million, showing growth against the Rs 71.60 million reported in the corresponding previous quarter. Other income stood at Rs 25.50 million, up 123.68% from Rs 11.40 million in the same quarter last year.
Expense and Earnings Breakdown
- Interest expenses: Rs 29.50 million compared to Rs 3.40 million previously.
- Depreciation: Rs 38.60 million compared to Rs 32.40 million previously.
- Sales year to date: Rs 1,076.00 million for the period ending September 2026.
- Tax: Rs 12.10 million compared to Rs 8.70 million previously.
Interest costs rose to Rs 29.50 million from Rs 3.40 million, while depreciation increased to Rs 38.60 million from Rs 32.40 million. Year-to-date sales for the period ending September 2026 reached Rs 1,076.00 million, marking a 12.68% increase compared to Rs 954.90 million recorded in the same period of the previous year.