Nesco Ltd has reported a strong set of numbers for the first quarter of FY26, reflecting solid growth across key financial metrics. The company’s net profit surged 37% year-on-year to ₹96 crore, compared to ₹70 crore in the same period last year.
Revenue also saw a significant 37% jump, reaching ₹193.3 crore versus ₹141.3 crore in Q1 FY25. EBITDA for the quarter stood at ₹110.5 crore, marking a 28% increase from ₹86.2 crore last year. However, the EBITDA margin slightly dipped to 57.17% from 61% YoY, suggesting a minor increase in operational costs.
Following the strong Q1 earnings, Nesco shares jumped over 6% intraday. The stock hit a fresh 52-week high of ₹1,339, compared to the previous close of ₹1,245.60. It opened at ₹1,230.10 and traded between a low of ₹1,224.20 and a high of ₹1,339.00 during the day, signaling strong investor confidence in the company’s growth outlook.
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