Nesco (505355) Q3 25/26 earnings summary

Executive summary

• Q3 FY25/26 revenue from operations was ₹247.92 crore, up from ₹206.54 crore YoY; consolidated PAT was ₹104.64 crore, versus ₹109.94 crore YoY.

• For 9M FY25/26, revenue from operations reached ₹680.44 crore and consolidated PAT was ₹319.69 crore, compared with ₹540.00 crore and ₹286.60 crore, respectively, in the prior-year period.

Financial highlights

• Q3 total income was ₹274.43 crore versus ₹237.99 crore YoY; PBT was ₹131.85 crore versus ₹141.84 crore.

• 9M total income was ₹759.46 crore versus ₹634.11 crore YoY; PBT was ₹399.16 crore versus ₹377.34 crore.

• 9M total expenses were ₹360.30 crore versus ₹256.77 crore YoY; material expense increases included cost of materials, other expenses and employee benefits.

Segment performance

• 9M Realty revenue was ₹298.75 crore versus ₹271.14 crore YoY; segment profit before tax and finance costs was ₹250.85 crore versus ₹228.89 crore.

• 9M Bombay Exhibition Center revenue was ₹183.64 crore versus ₹153.54 crore YoY; segment profit before tax and finance costs was ₹102.18 crore versus ₹76.89 crore.

• 9M Foods revenue rose to ₹171.46 crore from ₹77.03 crore YoY; Indabrator revenue was ₹26.59 crore versus ₹38.29 crore.

• Q3 Foods revenue was ₹70.43 crore versus ₹34.19 crore YoY; Indabrator revenue was ₹9.17 crore versus ₹12.28 crore.