Nesco

Nesco Limited announced its participation in the Equirus Annual India Conference 2025 scheduled for August 19, 2025, in Mumbai and released an investor presentation ahead of the event. The company reported total income of ₹845 crores for FY2025 with year-over-year growth of 7.9%, EBITDA of ₹551 crores (3.8% YOY growth), and PAT of ₹375 crores (3.4% YOY growth). The company operates across multiple business segments including IT parks with Towers 3 and 4 achieving 100% occupancy rates, housing 25,000+ employees from clients like MSCI, HSBC, PwC, and BlackRock. The exhibition and events business generated ₹174 crores in income with 100+ exhibitions held during FY2024-25. Nesco received Intimation of Disapproval from BMC for Tower 2 in its IT park, which will span approximately 5.01 million sq. ft. of constructed area and offer 1.65 million sq. ft. of chargeable office space. The company has entered the wayside amenities sector, being awarded 11 sites across express highways with an estimated capex of ₹400 crores. Nesco operates with 100% renewable energy across its IT park operations and maintains various certifications including LEED IGBC Platinum and Great Place to Work certification.

NESCO Limited conducted its 66th Annual General Meeting on July 30, 2025, through video conference, where all six proposed resolutions were approved with requisite majority. The approved resolutions included adoption of audited standalone and consolidated financial statements, declaration of dividend of ₹6.50 per equity share (325% on face value of ₹2), reappointment of Mrs. Sudha S. Patel as Director, appointment of secretarial auditor with remuneration approval, and ratification of cost auditors' remuneration for financial year ending March 31, 2026. The meeting had 64 shareholders in attendance, including 7 from promoter group and 57 from public. Remote e-voting was conducted from July 26-29, 2025, with 44,713 total shareholders on record date of July 23, 2025. All resolutions received overwhelming support, with most achieving nearly 100% approval rates, except for the director reappointment which received 99.76% approval.

NESCO reported a net profit of 960 million rupees in its quarterly results, representing a significant increase from 698 million rupees in the same period last year. This marks a year-over-year growth of approximately 37.5% in the company's bottom line performance.