Q2FY25 slump hits Nelcast as export and domestic markets falter – Will FY26 bring growth?
Nelcast Limited, one of India’s key producers of ductile and grey iron castings, recently disclosed its financial performance for the second quarter and half-year of FY25. Facing challenging market conditions, Nelcast reported revenue of ₹335 crores in Q2FY25, marking a decline from ₹362.6 crores in Q2FY24. Half-year revenue also saw a drop to ₹637.4 crores […]