Q3FY23 results: NLC India's consolidated loss stands at Rs 396 cr 
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Q3FY23 results: NLC India’s consolidated loss stands at Rs 396 cr

NLC India Ltd on Monday reported a consolidated loss of Rs 396.35 crore for the quarter that ended on December 31, 2022

PSU Watch Bureau

New Delhi: NLC India Ltd on Monday reported a consolidated loss of Rs 396.35 crore for the quarter that ended on December 31, 2022. The company had posted a consolidated profit of Rs 229.88 crore in the corresponding quarter of previous fiscal, said NLC India in a regulatory filing.

The consolidated income of the company during the October-December period increased to Rs 3,982.49 crore, over Rs 2,845.08 crore in the year-ago period, the filing said.

The PSU said that its board has declared an interim dividend of 15 percent, i.e., Rs 1.50 per equity share for 2022-23.

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