Nesco Q2FY26 Profit Surges 11.3% YoY to ₹118.91 Crore; Stock Price Rallies Over 9%

Mumbai, November 7, 2025: The share price of Nesco Ltd surged to ₹1,357 on the NSE, marking a 9.06% gain as of 3:02 PM, following the company’s robust quarterly financial results. For the quarter ended September 30, 2025, Nesco reported a consolidated net profit of ₹118.91 crore, reflecting an 11.3% year-on-year increase. The growth was supported by steady performance across the company’s core business segments, underscoring operational resilience and strong market demand.

Nesco Ltd is involved in diversified commercial services through its key divisions, such as Bombay Exhibition Centre, Nesco IT Park, Nesco Foods, and Indabrator. The company remains debt-free and continues to report strong cash reserves. This supports expansion projects in Mumbai’s Goregaon business hub. The company is listed on both the NSE and the BSE.

Quarterly Financial Highlights (₹ Crore)

The company’s revenue from operations was at ₹239.18 crore. This is up 24.5% year-on-year from ₹192.10 crore in the same quarter last year. The company’s total income for the quarter recorded a 17% year-on-year surge in Q2FY26. The company’s total expenses surged 33% in the last year-to-date, and PBT gained 6.3% in the same period.

Half-Year Performance (H1FY26 vs H1FY25)

In terms of the financial results for the first half of FY26, Total income rose 22.5% YoY to ₹485.03 crore. Nesco’s Net profit climbed 21.7% YoY to ₹215.05 crore. This is compared to the ₹176.66 crore in H1FY25. The company’s operating expenses increased to 217.72.

Share Price Update

As mentioned, Nesco Ltd shares have gained 9.06% on Friday. The stock opened at ₹1,279, hit a high of ₹1,369, and a low of ₹1,260. The company’s market capitalization stands at ₹9,583 crore. Nesco shares have gained 38% in the year-to-date, and 47% in the last six months, and are down 0.15% in the last 5 days.

REF: https://nsearchives.nseindia.com/corporate/NESCONSE_06112025204428_Outcome.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations