NILE Q1 Results Total Revenue Up to ₹245.41 Crores

NILE Q1 Results: The Nile Q1 results show how the company performed in the first quarter of the fiscal year ending in June 2024. The total revenue for this period was ₹245.41 crores, which is higher than the ₹217.08 crores from the previous quarter (March 2023) and significantly more than ₹161.25 crores from the same quarter last year (June 2023). This indicates strong growth in sales. However, the company’s selling, general, and administrative expenses increased slightly to ₹3.29 crores from ₹2.57 crores in the previous quarter, reflecting a need for more spending to support operations.

NILE’s Total operating expenses rose to ₹233.34 crores from ₹204.67 crores in March 2023, which is higher than the ₹154.30 crores reported last year. Despite this, Nile managed to maintain an operating income of ₹12.06 crores, only slightly down from ₹12.40 crores in the last quarter. The net income, which is what the company earned after all expenses, was ₹8.11 crores, down from ₹8.54 crores in March but up from ₹5.05 crores in June last year. The diluted normalized earnings per share (EPS) was ₹27.01, lower than the previous quarter's ₹28.45, but much higher than ₹16.82 from last year. This overall shows that while costs have increased, Nile's revenue growth remains strong.

Here are the quarterly results for Nile for Q1, presented in a clear and simple format:

(Rs. in crores, except the shares)

Source: Here 

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NILE Q1 Results

The NILE table presents financial results for a company over three months ending June 30, 2024, compared to previous periods. The first row shows the revenue from operations, which increased significantly to ₹24,547.81 lakhs, showing strong sales performance. Next, other income is ₹7.57 lakhs, adding to total revenue of ₹24,555.38 lakhs.

NILE expenses are broken down into several categories. The cost of materials consumed is the largest expense at ₹17,831.31 lakhs, indicating high costs in producing goods. Other expenses include employee benefits, finance costs, and depreciation. The total expenses amount to ₹23,324.30 lakhs, which is also higher than the previous quarter.

After subtracting expenses from total revenue, NILE made a profit of ₹1,231.08 lakhs before tax. The tax expenses include current, prior period, and deferred taxes totaling ₹668.32 lakhs. After paying taxes, the net profit stands at ₹896.42 lakhs.

The table also lists the Earnings Per Share (EPS), which is ₹29.86 for basic and diluted shares, showing good profitability per share. 

Here’s the financial summary you provided in a clear format:

(Rs. In Lakhs)

NILE Stock Performance

The NILE table shows important financial details about a company's performance. The Market Cap is ₹ 661 Cr, indicating the total value of the company in the stock market. The Current Price of each share is ₹ 2,202, which is how much investors pay to buy a share. The High / Low shows the highest price (₹ 2,798) and lowest price (₹ 660) the stock reached in a specific period. The Stock P/E ratio is 18.7, which helps measure how much investors are willing to pay for each rupee of earnings. Book Value is ₹ 768, representing the value of the company's assets. The Dividend Yield of 0.14% tells us how much money the company returns to shareholders. ROCE (Return on Capital Employed) is 19.5%, showing how well the company uses its capital to generate profits.

Here’s a summary of the financial data you provided in a table format:

Financial Metric Value

Market Cap ₹ 661 Cr

Current Price ₹ 2,202

High / Low ₹ 2,798 / ₹ 660

Stock P/E 18.7

Book Value ₹ 768

Dividend Yield 0.14%

ROCE 19.5%

ROE 14.7%

Face Value ₹ 10.0

Quarterly Results 

The NILE table shows financial performance data for three quarters: December 2023, March 2024, and June 2024. In December 2023, the company had sales of Rs. 251.54 crores, with expenses of Rs. 234.38 crores, resulting in an operating profit of Rs. 17.16 crores. The profit before tax was Rs. 16.09 crores, and the net profit was Rs. 11.92 crores, showing strong financial health. In March 2024, sales decreased to Rs. 174.12 crores, and net profit also fell to Rs. 6.34 crores. 

Here’s the with data only for December 2023, March 2024, and June 2024.

(Rs. in crores, except the shares)

About NILE

NILE  is a well-known company that makes Pure Lead and Lead Alloys. It is certified with ISO 9001:2015, which means it follows strict quality standards. NILE has two recycling plants, one in Choutuppal, near Hyderabad, and another in Tirupati, near Chennai. Together, these plants can produce 107,000 tons of lead each year.

NILE focuses on making strong relationships with customers, especially those who manufacture lead-acid batteries and other lead products. NILE also runs a 2MW wind farm in Ananthapur, Andhra Pradesh, showing its commitment to using renewable energy.