NESCO's Q1 FY 2026-27 Quarterly Results

Result Summary

• NESCO Ltd reported a 6.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 15.3%.
• Its expenses for the quarter were down by 17.5% QoQ and up 31.5% YoY.
• The net profit increased 7.4% QoQ and increased 4.0% YoY.
• The earnings per share (EPS) of NESCO Ltd stood at 14.19 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 diversified company with principal operations in developing and managing exhibition centers and industrial parks. The company is known for its Bombay Exhibition Centre, a premier venue for hosting a variety of national and international trade shows and exhibitions. NESCO's business model focuses on leasing spaces to exhibitors and providing allied services. The company has also expanded into the real estate sector with the development of industrial parks, offering built-to-suit facilities and leasing options for various sectors. As of now, there are no major recent developments available.

Revenue

In the first quarter of FY27, NESCO Ltd reported a total income of ₹255.40 crores, reflecting a quarter-over-quarter decrease of 6.1% from ₹272.13 crores in Q4FY26. However, there was a year-over-year increase of 15.3% compared to ₹221.45 crores in Q1FY26. This fluctuation in revenue performance indicates variability in the company's income streams over the observed periods. The revenue trends highlight the seasonal or cyclical nature of the business, which may be influenced by the timing and frequency of events and exhibitions hosted.

Profitability

In Q1FY27, NESCO Ltd's profit before tax stood at ₹127.04 crores, showing a quarter-over-quarter increase of 9.1% from ₹116.45 crores in Q4FY26, and a year-over-year increase of 2.6% from ₹123.82 crores in Q1FY26. The company's profit after tax for the same quarter was ₹99.96 crores, which is a 7.4% increase from the ₹93.05 crores reported in the previous quarter, and a 4.0% increase from the ₹96.14 crores reported in the same quarter last year. This growth in profitability, despite fluctuations in total income, is indicative of effective cost management and operational efficiency.

Operating Metrics

The total expenses for NESCO Ltd in Q1FY27 were ₹128.36 crores, marking a significant decrease of 17.5% from ₹155.68 crores in Q4FY26, and an increase of 31.5% from ₹97.63 crores in Q1FY26. The tax expense for the quarter was ₹27.08 crores, which represents a 15.7% increase quarter-over-quarter from ₹23.40 crores, but a slight decrease of 2.2% year-over-year from ₹27.68 crores. Earnings per share (EPS) in Q1FY27 rose to ₹14.19, up 7.4% from ₹13.21 in Q4FY26 and 4.0% from ₹13.64 in Q1FY26. These operating metrics underscore the company's ability to manage expenses effectively while maintaining profitability, even as revenue experiences fluctuations.