NLC India share price soars 9% after Q4

NLC India share price jumped 9% in early trade on Tuesday, May 20, reaching ₹257.90 apiece, following the release of the company’s March quarter numbers, which came in line with analysts’ estimates. The company, on Monday post-market hours, reported a net profit of ₹468.46 crore — a 311% jump compared to ₹114 crore in the same quarter last fiscal year. However, on a sequential basis, net profit declined from ₹696 crore reported in the December quarter. Revenue from operations came in at ₹3,972 crore, down from ₹4,034 crore in Q4FY24. On the operating front, the company reported an EBITDA of ₹997.26 crore, translating into an EBITDA margin of 25.11%. In comparison, for the quarter ended March 31, 2024 (Q4FY24), EBITDA was higher at ₹1,096.04 crore with a margin of 27.17%.