Nesco Ltd. has announced a significant increase in Q4 sales, reaching INR 2,516.2 million, marking a year-over-year growth of approximately 31%. These results were reported for the fiscal year ending March 31, 2026, indicating a positive financial trend for the company.
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Nesco experienced a 7% increase in Q4 net profit, reaching ₹930 million compared to the previous year. This growth was accompanied by a 30% rise in revenue to ₹2.5 billion over the same period.
NESCO Ltd reported a significant 27% increase in revenue for the fiscal year 2026, reaching ₹932.1 crore compared to last year. The board also proposed a dividend of ₹7 per share. Additionally, Rajesh G. Upadhyay was appointed as Whole-time Director for a term of three years, and Deloitte has been reappointed as the internal auditor for the upcoming fiscal year.
Nesco (NSE:NESCO) demonstrates impressive profit growth with a 16% annual EPS increase over the past three years. Despite a revenue surge of 13% to ₹9.7b, the company's EBIT margins have decreased. Notably, insiders hold a significant 22% stake in the company, indicating a strong alignment of interests.
On May 25, Nesco Ltd will be disclosing their final audited results for the fiscal year 2026 during a board meeting. Trading of Nesco shares has been suspended from April 1 to May 27 due to the trading window closure.