Nilkamal's net profit rises 30% in Q2 FY25

29 Oct 2024 CW Team

Nilkamal Ltd. reported a 30.27% increase in net consolidated profit for the quarter ended September 30, 2024. The company's profit after tax stood at Rs 326.2 million, up from Rs 250 million in the same quarter of the previous fiscal, according to its filing with the Bombay Stock Exchange (BSE).

Nilkamal’s total consolidated income for Q2 FY25 was Rs 8.24 billion, marking a 5.44% growth compared to Rs 7.81 billion recorded in the corresponding period last year.

As of September 30, 2024, the company’s net worth was Rs 14.31 billion. Key financial ratios for Q2 FY25 included a debt-equity ratio of 0.22, total debts to total assets ratio of 0.13, and a current liability ratio of 0.63. Nilkamal reported an operating margin of 9.68% and a net profit margin of 3.97% for the quarter. (ET)

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