Nesco Limited has reported robust financial performance for the quarter and year ended March 31, 2026. The company achieved a consolidated annual profit of ₹412.74 crore and has recommended a final dividend of ₹7.00 per share. Additionally, the Board has approved the appointment of Mr. Rajesh G. Upadhyay as an Executive Director and announced the schedule for the upcoming 67th Annual General Meeting.
Financial Highlights for FY 2026
Nesco Limited delivered strong results for the fiscal year ending March 31, 2026. The company reported a total annual income of ₹1,031.59 crore. For the quarter ended March 31, 2026, the company recorded a profit after tax of ₹93.05 crore, demonstrating consistent operational growth.
Dividend and Annual General Meeting
The Board of Directors has recommended a final dividend of ₹7.00 per equity share (face value of ₹2/-) for the financial year 2025-26, surpassing the previous year’s dividend of ₹6.50. The dividend payout is subject to shareholder approval at the 67th Annual General Meeting (AGM), which is scheduled to be held on July 27, 2026, via video conferencing.
Leadership Appointments
The company announced the appointment of Mr. Rajesh G. Upadhyay as an Additional Director and Whole-time Director, designated as Executive Director (Commercial & Operations), effective June 1, 2026. With over 45 years of experience in manufacturing operations and engineering, Mr. Upadhyay is expected to drive operational excellence and sustained business performance.
Auditor Re-appointments
In a move to strengthen corporate governance, the Board has approved the re-appointment of Deloitte Touche Tohmatsu India LLP as Internal Auditors for FY 2026-27. Additionally, M/s. Y. S. Thakar & Co. has been re-appointed as the Cost Auditor for the company’s Indabrator division for the same period.
Source: BSE
