NCL Industries Ltd Share Price – NSE  /  BSE

Cement, Small Cap

Net profit of NCL Industries rose 357.72% to Rs 13.64 crore in the quarter ended September 2023 as against Rs 2.98 crore during the previous quarter ended September 2022. Sales rose 18.06% to Rs 430.87 crore in the quarter ended September 2023 as against Rs 364.97 crore during the previous quarter ended September 2022.

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NCL Industries will hold a meeting of the Board of Directors of the Company on 9 November 2023.

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The company's cement production in the same period last year was 603,520 MT.

Cement dispatches increased by 11% to 669,587 in Q2 FY24 as compared with Q2 FY23.

The production and dispatches of Cement Boards aggregated to 21,509 MT (up 12% YoY) and 20,239 MT (up 9% YoY), respectively.

RMC production & sales in Q2 FY24 added up to 66,263 CuM, up by 50% from 44,064 CuM in Q2 FY23. The company produced & sold 5,212 Doors during the quarter, up 23% YoY.

Energy (Hydro Power) generation declined 64% to 6.60 MU in Q2 FY24 from 18.26 MU in Q2 FY23.

NCL Industries manufactures different varieties of cement, cement bonded particle boards, ready-mix concrete and doors.

The company's consolidated net profit surged 146.29% to Rs 30.86 crore in the quarter ended June 2023 as against Rs 12.53 crore during the previous quarter ended June 2022. Sales rose 12.76% to Rs 440.53 crore in Q1 FY24 over Q1 FY23.

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NCL Industries announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2023.

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