Nelco Q1 FY27 results: profit up; Cost Auditor reappointed
NELCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nelco's Board on 16 July 2026 approved Q1 FY27 results. Consolidated net profit rose to Rs 234 lakhs (vs Rs 180 lakhs YoY) on total income of Rs 8,017 lakhs; EPS at Rs 1.02 vs Rs 0.79. Standalone net profit jumped to Rs 380 lakhs (vs Rs 116 lakhs) on income of Rs 5,511 lakhs; EPS at Rs 1.66 vs Rs 0.51. An exceptional gain of Rs 106 lakhs (consolidated) came from reversing a retirement benefit provision after Labour Code payroll restructuring. Board also reappointed P.D. Dani and Associates as Cost Auditor for FY 2026-27 for 1 year.
Strong Q1 with profit growth on both standalone and consolidated bases. Cost auditor reappointment is a routine compliance item with no material impact.