Nesco’s June Quarter Profit Up by 37.7%

Mumbai, July 30, 2025 – Nesco Ltd (NSE: NESCO, BSE: 505355) kicked off FY26 on a strong note, reporting a 37.7% year-on-year (YoY) increase in consolidated net profit to ₹96.14 crore for the quarter ended June 30, 2025. Revenue from operations rose by 36.7% YoY to ₹193.34 crore, driven by broad-based growth across its Realty, Exhibition, and Foods businesses. Notably, the Bombay Exhibition Center posted a sharp recovery, while the Foods segment continued to scale up steadily. Total income stood at ₹221.45 crore, with EBITDA rising 23.2% to ₹123.82 crore.

The company’s net worth increased to ₹2,725.57 crore and total assets crossed ₹3,180 crore. Management attributed the strong performance to efficient cost controls, improved operating leverage, and continued demand momentum in its core verticals.

Stock Performance

As of 1:58 PM IST on July 30, 2025, the stock was trading at ₹1,244.90, down ₹0.70 or 0.056% for the day, after opening at ₹1,230.10 and fluctuating between a high of ₹1,339.00 and a low of ₹1,224.20.

Q1FY26 Financial Highlights (Consolidated)

In Q1FY26, the company reported a 36.7% year-on-year (YoY) increase in revenue from operations, rising to ₹193.34 crore from ₹141.35 crore in Q1FY25. Total income for the quarter stood at ₹221.45 crore, marking a growth of 29.6% YoY. EBITDA (PBIT before tax) grew by 23.2% to ₹123.82 crore compared to ₹100.49 crore in the previous year’s corresponding quarter. Net profit rose sharply by 37.7%, reaching ₹96.14 crore from ₹69.78 crore in Q1FY25. Earnings per share (EPS), not annualised, stood at ₹13.64 for the quarter. The company’s total expenses also increased to ₹97.63 crore from ₹70.42 crore, primarily due to a rise in material consumption, staff costs, and other operating expenses.

Segment-Wise Performance

All business verticals posted year-on-year revenue growth during the quarter. The Realty segment led the performance with revenue of ₹98.49 crore and a PBIT of ₹84.12 crore. The Bombay Exhibition Center followed with revenue of ₹40.42 crore and a PBIT of ₹20.55 crore, showing a strong rebound. The Foods division also reported healthy growth, with ₹47.01 crore in revenue and ₹5.49 crore in PBIT, reflecting its continued scaling efforts. However, the Indabrator segment registered a revenue of ₹7.42 crore but reported a marginal PBIT loss of ₹0.45 crore. Realty and Exhibition together contributed over 61% of the total operational revenue.

Consolidated Balance Sheet Snapshot

The company’s total assets as of Q1FY26 stood at ₹3,180.62 crore, up from ₹3,015.61 crore in FY25. Net worth increased to ₹2,725.57 crore, compared to ₹2,629.44 crore in the previous financial year. Total liabilities rose to ₹455.05 crore from ₹386.17 crore, largely in line with business expansion. Unallocable assets also saw an increase, reaching ₹1,231.15 crore in Q1FY26 compared to ₹1,104.26 crore in FY25. The strong capital base and prudent cost management enabled the company to deliver higher returns despite rising input costs. Other income for the quarter contributed ₹28.11 crore to total income.

Tax and EPS Details

The total tax expense for Q1FY26 stood at ₹27.68 crore. The company’s basic and diluted earnings per share (EPS), not annualised, was ₹13.64. Equity share capital was ₹14.09 crore, and reserves amounted to ₹2,615.34 crore, highlighting the company’s strong equity cushion and healthy retained earnings position.

Management Commentary

Chairman and Managing Director Krishna S. Patel stated:

“We are pleased with the solid start to FY26. Each vertical has contributed meaningfully to the topline and bottom line. With continued focus on operational excellence and expansion, we remain confident in our growth trajectory.”

Outlook

Nesco Limited, listed on both the BSE (Code: 505355) and NSE (Symbol: NESCO), operates through four key business segments: Realty, Bombay Exhibition Center, Indabrator, and Foods. The company’s registered office is situated at Nesco Center, Western Express Highway, Goregaon (East), Mumbai – 400063.

About the Company

Nesco Limited is listed on both BSE (Code: 505355) and NSE (Symbol: NESCO). The company operates through four primary segments: Realty, Bombay Exhibition Center, Indabrator, and Foods. Its registered office is located at Nesco Center, Western Express Highway, Goregaon (East), Mumbai – 400063.

REF: https://nsearchives.nseindia.com/corporate/NESCONSE_30072025114631_Outcome.pdf

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