Outcome of Board Meeting
NESCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NESCO Limited reported strong FY2026 results with revenue from operations growing 27% to Rs 932.06 crore from Rs 732.01 crore. Profit after tax increased 10% to Rs 412.80 crore from Rs 375.22 crore, with EPS at Rs 58.59. Segment-wise, Foods segment more than doubled to Rs 238.51 crore, Bombay Exhibition Center grew 30% to Rs 259.82 crore, while Indabrator declined 29% to Rs 35.81 crore. The Board recommended a final dividend of Rs 7 per share (up from Rs 6.50), payable by August 12, 2026. New appointments include Mr. Rajesh G. Upadhyay as Whole-time Director (Commercial & Operations) from June 1, 2026. Deloitte Touche Tohmatsu India LLP was reappointed as Internal Auditors. The auditors issued an unmodified (clean) opinion on the financial statements.
Strong financial performance with 27% revenue growth and 10% PAT growth indicates robust business momentum across most segments. The increase in dividend and clean audit report are positive signals for shareholders. The Way-Side Amenities segment shows losses and may require monitoring.