NESCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NESCO Ltd held its Board meeting on 25 May 2026 approving audited financial results for Q4 and FY ended March 2026. Standalone revenue from operations grew 27% year-on-year to ₹932.06 crore, with profit after tax at ₹412.80 crore. The Board recommended a final dividend of ₹7 per equity share (face value ₹2) for FY2025-26, up from ₹6.50 per share previously. The 67th AGM is scheduled for 27 July 2026. The Board appointed Mr. Rajesh G. Upadhyay (66 years old) as Additional and Whole-time Director designated as Executive Director (Commercial & Operations) for 3 years from 1 June 2026. Mr. Upadhyay is a long-serving internal candidate who joined the company in 1982 and previously served as Vice President (Operations) for the Indabrator division until his retirement in 2018. Deloitte Touche Tohmatsu India LLP was reappointed as Internal Auditors and Y.S. Thakar & Co. as Cost Auditors for FY2026-27.
Positive signals for shareholders with strong revenue growth and increased dividend payout. The appointment of an experienced internal candidate as Whole-time Director maintains operational continuity without major governance concerns.