Friday, November 7: Shares of Nesco Limited gained 2.76% to Rs 1,279.20 in Friday’s trade after the company announced robust Q2 FY26 unaudited consolidated financial results, reporting strong year-on-year growth in both revenue and profit. The performance was supported by continued momentum in its real estate and exhibition businesses.
The company’s revenue from operations rose 24.5% YoY to Rs 239.18 crore in the September 2025 quarter, compared to Rs 192.10 crore in the same period last year. Total income for the quarter stood at Rs 263.58 crore, up from Rs 225.21 crore in Q2 FY25.
On the profitability front, profit before tax increased to Rs 143.49 crore from Rs 135.01 crore a year earlier, while net profit for the quarter rose 11.3% YoY to Rs 118.91 crore, compared to Rs 106.88 crore in Q2 FY25.
Total expenses for the quarter increased to Rs 120.09 crore from Rs 90.20 crore last year, primarily due to higher material consumption, depreciation, and other operational costs. Despite the rise in expenses, Nesco maintained strong margins, reflecting consistent operating efficiency and steady revenue growth.
For the first half of FY26, Nesco reported a total income of Rs 485.03 crore (up 22% YoY) and profit after tax of Rs 215.05 crore (up 22% YoY), underscoring its healthy financial position and solid growth trajectory across business verticals.
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