Nelcast Ltd (NLCA.NS) announced its December quarter results, posting consolidated revenue from operations of ₹3.3 billion and a net profit of ₹159 million. The performance reflects steady demand in auto components and engineering castings, highlighting resilience in India’s manufacturing and industrial supply chain.
Revenue Performance:
Consolidated revenue from operations stood at ₹3.3 billion, driven by demand in automotive and engineering castings.
Profitability:
Net profit reached ₹159 million, underscoring operational efficiency and cost management despite sectoral challenges.
Sectoral Strength:
Nelcast continues to benefit from India’s automotive growth and infrastructure investments, positioning itself as a key supplier of castings.
Growth Outlook:
With rising demand for heavy vehicles, tractors, and industrial machinery, Nelcast is poised for sustained growth and improved investor confidence.
Why It Matters
The results highlight Nelcast’s resilience and strategic positioning in India’s auto component sector, reinforcing its role in supporting industrial and infrastructure growth. Strong earnings signal long-term value creation and sectoral leadership.
Sources: BSE Corporate Filing, Reuters (RTRS), Economic Times