Nesco Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Rs. 6.50 per equity share.
NESCO · price
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On the reaction day the stock moved 6.1 pts less than Nifty Microcap 250 and 5.9 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nesco Limited's Board, at its May 16, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion from S G D G & Associates LLP. Standalone revenue from operations rose to Rs. 73,200.71 lakhs (vs Rs. 67,818.49 lakhs in FY24, up ~8%), while profit after tax grew modestly to Rs. 37,521.98 lakhs (vs Rs. 36,278.36 lakhs). The Realty and Foods segments drove growth, while Bombay Exhibition Center and Indabrator revenues declined. The Board recommended a higher final dividend of Rs. 6.50 per share (325% on face value of Rs. 2), up from Rs. 6 (300%) last year, totalling Rs. 4,579.90 lakhs, subject to shareholder approval at the July 30, 2025 AGM. The company also appointed Deloitte Haskins & Sells LLP as internal auditor for FY26 and incorporated a wholly owned subsidiary, Nesco Retail Private Limited, in February 2025.
Shareholders will receive a higher dividend payout this year, signalling consistent cash generation and shareholder-friendly capital allocation. The modest top-line and bottom-line growth, combined with strong reserves of Rs. 2,61,535 lakhs, suggests financial stability but limited earnings acceleration, which may temper near-term stock excitement.