Nesco Limited has announced its audited financial results for the quarter and year ended 31 March 2026, showing a robust performance. The Board of Directors has recommended a final dividend of ₹7 per equity share. Additionally, the company has announced strategic leadership changes with the appointment of Mr. Rajesh G. Upadhyay as an Executive Director and the re-constitution of its Board and Committees, reflecting a commitment to long-term operational excellence and governance.
Financial Highlights for FY 2026
Nesco Limited delivered strong financial results for the full year ended 31 March 2026. The company reported a total income of ₹1,031.58 crore and a profit after tax of ₹412.80 crore. These figures mark a significant period of operational success compared to the previous fiscal year. The Board of Directors has recommended a final dividend of ₹7 per equity share (face value of ₹2 each), subject to approval by shareholders at the forthcoming 67th Annual General Meeting.
Strategic Leadership Appointments
As part of its organizational growth strategy, the company has appointed Mr. Rajesh G. Upadhyay as an Additional Director and Whole-time Director, designated as Executive Director (Commercial & Operations). His tenure is set for three years, effective 1 June 2026. Mr. Upadhyay brings over 45 years of experience in manufacturing operations and engineering to the leadership team.
Annual General Meeting and Governance
The company has scheduled its 67th Annual General Meeting for 27 July 2026, which will be conducted via video conference. Furthermore, the Board of Directors has been re-constituted effective 1 June 2026, along with key committee updates. The company also confirmed the re-appointment of Deloitte Touche Tohmatsu India LLP as Internal Auditors and M/s. Y. S. Thakar & Co. as Cost Auditors for the 2026-27 financial year, ensuring continued transparency and rigorous financial oversight.
Source: BSE
