NOCIL Q4 Results Live : profit rise by 46.68% YOY

NOCIL Q4 Results Live : NOCIL announced their Q4 results on 29 May, 2024, revealing a decrease in revenue by 9.22% year-over-year, while profit surged by 46.68% compared to the same quarter last year.

In comparison to the previous quarter, the company experienced a 4.66% growth in revenue and a significant 38.47% increase in profit.

The Selling, general & administrative expenses saw a decline of 16.96% quarter-over-quarter and a 4.71% decrease year-over-year.

Operating income also took a hit, down by 11.45% sequentially and 12.98% lower than the same quarter last year.

The earnings per share (EPS) for Q4 stood at ₹2.48, marking a notable 46.35% increase year-over-year.

NOCIL's recent stock performance includes a -1.82% return in the last week, a 12.13% return in the past 6 months, and a -6.07% year-to-date return.

With a market capitalization of ₹4281.96 Cr, NOCIL's 52-week high/low stock prices were recorded at ₹297.8 and ₹204.35 respectively.

Analysts' ratings on NOCIL as of 30 May, 2024, indicate 1 Strong Sell, 2 Sell, 1 Hold, 1 Buy, and 1 Strong Buy rating out of 6 analysts covering the company.

The consensus recommendation for NOCIL as of 30 May, 2024, was to Hold.