NESCO's Q2 FY 2025-26 Quarterly Results

Result Summary

• NESCO Ltd reported a 19.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 17.0%.
• Its expenses for the quarter were up by 23.0% QoQ and 33.2% YoY.
• The net profit increased 23.7% QoQ and increased 11.3% YoY.
• The earnings per share (EPS) of NESCO Ltd stood at 16.88 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NESCO Ltd is a company primarily involved in the business of exhibition centers, industrial estates, and realty services. The company is well-known for its NESCO Exhibitions and Bombay Exhibition Center, which hosts a variety of trade fairs and exhibitions. It also engages in IT Park development and leasing, providing office spaces for various businesses. As of the latest updates, there have been no major developments publicly disclosed that could impact the company’s current operations or strategic direction. However, the industry continues to have a dynamic environment with trends such as digital transformation in exhibitions and real estate, which could influence future business operations.

Revenue

In Q2FY26, NESCO Ltd reported a total income of ₹263.58 crores, marking a 19.0% increase from the previous quarter (Q1FY26) where the income was ₹221.45 crores. Compared to the same quarter last year (Q2FY25), the total income increased by 17.0% from ₹225.21 crores. This growth reflects a significant positive momentum in the company's revenue generation capabilities over both the quarterly and yearly periods. The increase in total income could be attributed to enhanced operational activities or improved market conditions, although specific factors are not detailed in the provided data.

Profitability

The company’s profit before tax in Q2FY26 stood at ₹143.49 crores, reflecting a quarter-over-quarter increase of 15.9% from Q1FY26, where the profit was ₹123.82 crores. Year-over-year, there was a 6.3% increase from Q2FY25, which recorded a profit before tax of ₹135.01 crores. After accounting for a tax expense of ₹24.58 crores, which decreased by 11.2% QoQ and 12.6% YoY, the profit after tax for Q2FY26 was ₹118.91 crores. This post-tax profit represents a 23.7% increase compared to the previous quarter and an 11.3% increase over the previous year. The earnings per share (EPS) for this quarter increased to ₹16.88 from ₹13.64 in Q1FY26, although no comparative EPS was recorded for Q2FY25 in the data provided.

Operating Metrics

The operating metrics highlighted in the financial data show a rise in total expenses for NESCO Ltd, which amounted to ₹120.09 crores in Q2FY26. This represents a 23.0% increase from ₹97.63 crores in Q1FY26 and a 33.2% increase from ₹90.19 crores in Q2FY25. The increase in expenses could be attributed to operational expansion or inflationary pressures, but specific reasons are not detailed in the data. Despite the rise in expenses, the company managed to substantially increase its profits, suggesting efficient cost management and a solid revenue base. The company's financial performance reflects a robust operating cycle, although detailed operational metrics such as P/E ratio, debt-to-equity ratio, and current ratio are not provided in this dataset.