Nesco Q2 PAT declines 12% YoY to Rs 105 crore

Nesco's standalone net profit declined 11.52% year-on-year to Rs 105.21 crore in Q2 FY27, compared with Rs 118.91 crore in Q2 FY26.

Revenue from operations declined 4.49% YoY to Rs 228.45 crore in Q2 FY27 from Rs 239.18 crore in the corresponding quarter last year.

Profit before tax (PBT) stood at Rs 135.81 crore, down 5.35% YoY for the quarter ended 30 September 2026.

Total expenses declined 2.77% YoY to Rs 116.76 crore during the quarter. Employee benefits expense stood at Rs 14.12 crore (up 33.84% YoY), and finance cost stood at Rs 5.57 crore (up 2.39% YoY), while other expenses declined 17.77% YoY to Rs 51.70 crore during the period under review.

NESCO is mainly engaged in licensing premises in IT park buildings and providing related services, licensing premises for exhibitions and providing services to the organizers, manufacturing machines and capital equipment, and providing hospitality and catering services.

Shares of NESCO shed 0.21% to Rs 981.30 on the BSE.

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