Q1FY21 results: NACL Industries net profit rises by 293.66 per cent YoY to Rs 5.59 crore

Date:08-28-2020

NACL Industries Limited announced its Q1FY21 results on Aug 26, 2020. The company reported consolidated net sales of Rs 252.02 crore in Q1FY21, which rose  by 31.95 per cent YoY from Rs 190.99 crore in Q1FY20.

The company posted EBITDA of Rs 18.16 crore in Q1FY21 that rose by  139.58 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 7.58 crore. EBITDA margin as of Q1FY21 was at 7.21 per cent that rose  by 3.24 per cent YoY. EBITDA margin for Q1FY20 was 3.97 per cent.

The consolidated net profit in Q1FY21 came in at Rs 5.59 crore, which rose  by 293.66 per cent, as compared to Q1FY20, when it reported a profit of Rs 1.42 crore. The net profit margin in Q1FY21 came in at 2.22 per cent, which rose by 1.48 per cent YoY. The net profit margin for Q1FY20 was 0.74 per cent.

On Thursday, share price of the company at 2:02pm was trading at Rs 48.6, up by 2.64 per cent.