Nesco Limited announced the outcome of its Board Meeting held on July 27, 2026. The Board has approved the unaudited financial results for the quarter ended June 30, 2026, both on a standalone and consolidated basis. The unaudited financial results and the Limited Review Report from statutory auditors have been submitted. The meeting commenced at 11:30 a.m. and concluded at 1:00 p.m.
Nesco Limited Board Meeting Outcome
On July 27, 2026, Nesco Limited’s Board of Directors convened to review and approve the company’s financial performance for the quarter ending June 30, 2026. The Board officially sanctioned the unaudited standalone and consolidated financial results for this period.
Key Approvals and Submissions
The meeting, which took place on Monday, July 27, 2026, saw the Board give its nod to the unaudited financial results. Along with the results, the company has also submitted the accompanying Limited Review Report provided by its statutory auditors for both standalone and consolidated statements. The board meeting commenced at 11:30 a.m. and concluded at 01:00 p.m.
Financial Highlights (Unaudited Standalone)
Statement of Profit & Loss
For the quarter ended June 30, 2026, Nesco Limited reported total income of ₹255.40 crores. Total expenses for the quarter stood at ₹128.36 crores, resulting in a profit before tax of ₹127.04 crores. After accounting for a total tax expense of ₹27.08 crores, the profit after tax for the period was ₹99.96 crores. Other Comprehensive Income added ₹0.09 crores, bringing the total comprehensive income to ₹100.05 crores. Basic and Diluted Earnings Per Share (EPS) were reported at ₹14.19 (not annualised).
Segment Reporting
Revenue from operations was broken down by segment, with ‘Realty’ contributing ₹98.39 crores, ‘Bombay Exhibition Center’ at ₹44.62 crores, ‘Indabrator’ at ₹11.11 crores, and ‘Foods’ at ₹57.68 crores. Segment profit before tax and finance costs showed ‘Realty’ with ₹82.85 crores and ‘Bombay Exhibition Center’ with ₹22.10 crores.
Financial Highlights (Unaudited Consolidated)
Statement of Profit & Loss
On a consolidated basis, Nesco Limited’s total income for the quarter ended June 30, 2026, was ₹255.40 crores. Total expenses amounted to ₹128.36 crores, leading to a profit before tax of ₹127.04 crores. The consolidated profit after tax was ₹99.96 crores. Total comprehensive income stood at ₹100.05 crores. Basic and Diluted EPS was reported at ₹14.19 (not annualised).
Segment Reporting (Consolidated)
The segment revenue breakdown for consolidated operations mirrors the standalone figures, with ‘Realty’ at ₹98.39 crores and ‘Bombay Exhibition Center’ at ₹44.62 crores. Segment profit before tax and finance costs for ‘Realty’ was ₹82.85 crores and for ‘Bombay Exhibition Center’ was ₹22.10 crores. The consolidated figures also reflect the impact of a net gain of ₹11.22 Cr from the surrender of premises previously acquired on long-term lease, accounted for as ‘other income’ in the Way-Side Amenities segment.
Auditor’s Review Report
SGDG & Associates LLP, Chartered Accountants, issued an Independent Auditor’s Review Report on the quarterly unaudited standalone and consolidated financial results. They confirmed that based on their review, nothing has come to their attention that would indicate that the accompanying statements, prepared in accordance with Indian Accounting Standards, contain any material misstatement or have not disclosed required information.
Source: BSE