Nesco Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Jul-2025.
NESCO · price
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Nesco Limited's Board, at its 16-May-2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025. Revenue from operations rose to ₹73,200.71 lakhs (vs ₹67,818.49 lakhs in FY24), while profit after tax grew to ₹37,521.98 lakhs (vs ₹36,278.36 lakhs). EPS stood at ₹53.25 for FY25. The Board recommended a final dividend of ₹6.50 per share (325% on face value of ₹2), up from ₹6 (300%) last year, totalling about ₹45.80 crore. The 66th AGM is set for 30-Jul-2025 and the record date for dividend entitlement is 23-Jul-2025, with payment by 20-Aug-2025. The company also incorporated a wholly owned subsidiary, Nesco Retail Private Limited, on 21-Feb-2025, and appointed Deloitte as internal auditor for FY26.
A modestly higher dividend (8.3% rise from ₹6 to ₹6.50) signals steady shareholder rewards backed by consistent earnings growth. The record date of 23-Jul-2025 is key for investors to be eligible for the final dividend.