NLC India posts disappointing results Rohan Takalkar / 15-Feb-2018, 09:52 AM / Categories: Markets, DSIJ Mindshare, Quarterly Results Tweet Rate this article: 5.0 NLC India reported its quarterly results after market hours. The topline remained subdued while margins grew just about one per cent over the previous year. The total revenue for the quarter declined by 9.6 per cent YoY and 14 per cent QoQ to Rs.1706 crore in Q3FY18 as against Rs1887 crore in the corresponding quarter previous year and Rs.1992 crore in Q2FY18. The lignite mining revenue for the quarter declined by 28 per cent to Rs.1110 crore in Q3FY18. The EBITDA for the quarter declined by 6.9 per cent YoY and margins expanded 100 bps for Q3FY18. The EBITDA for the quarter stood at Rs 587 crore in Q3FY18 with EBITDA margin of 34.4 per cent. The margin expansion was largely on account of decline in other expenses by 33 per cent YoY to Rs.562 crore in Q3FY18. The bottomline for the quarter also declined further and the adjusted PAT for the quarter stood at Rs.331 crore in Q3FY18 as against Rs.352 crore . The company recorded exceptional gain of Rs.224 crore made in reversal of provision made towards district mineral funds. The stock today opened 1.45 per cent down and currently trading at Rs.102 mark. Previous Article Nestle India reports healthy Q4CY17 numbers Next Article Time Technoplast's bottom-line grew steadily. Please login or register to post comments.