Nelcast Limited reported a net profit of ₹5.14 crore for the quarter ended June 30, 2026, marking a 59% decline from ₹12.50 crore in the corresponding period of FY25. The company’s revenue from operations grew marginally by 3% to ₹341.05 crore, up from ₹331.86 crore last year. However, profitability was severely impacted by rising input costs and operational expenses, leading to a significant contraction in earnings per share (EPS), which fell to ₹0.59 from ₹1.44.

The Board of Directors approved the unaudited standalone and consolidated financial results on July 27, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and subjected to a limited review by the statutory auditors, K Nagaraju & Associates. The subsidiary, NC Energy Limited, has not commenced commercial operations, meaning consolidated figures mirror standalone results.

Financial Performance Highlights

Revenue from operations stood at ₹341.05 crore, compared to ₹331.86 crore in Q1FY26. Other income contributed ₹4.34 crore, rising slightly from ₹4.14 crore previously. Total income reached ₹345.39 crore. Despite top-line stability, total expenses surged to ₹338.70 crore from ₹319.40 crore in the prior year quarter, primarily due to higher material consumption and other operational costs.

What the Numbers Show

The divergence between revenue growth and expense inflation highlights significant margin pressure. While revenue increased by only 3%, the cost of materials consumed rose by 9% to ₹154.05 crore, and other expenses jumped 9% to ₹107.66 crore. This disproportionate rise in key expense categories eroded the profit before tax, which fell 60% to ₹66.89 crore. The effective tax rate remained relatively stable, with current tax at ₹10.79 crore and deferred tax at ₹4.74 crore. The sharp decline in earnings per share underscores the impact of these cost headwinds on shareholder value in the quarter.

Nelcast Limited has scheduled a conference call to discuss its financial performance for Q1FY27. The meeting will take place on Tuesday, July 28, 2026, at 11:00 AM IST. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The session will be led by Mr. P. Deepak, Chief Executive Officer & Managing Director, and Mr. S.K. Sivakumar, Chief Financial Officer. They will address fund managers, analysts, and investors regarding the company's quarterly results. The schedule remains subject to change due to exigencies on the part of the analysts or the company.

Dial-in Details

Participants can join the conference call using the universal access numbers provided. The Diamond Passcode is available via a link in the invite.

Universal access numbers for India are +91 22 6280 1107 and +91 22 7115 8008. For further information, stakeholders may contact Mr. S.K. Sivakumar at Nelcast Limited or the Investor Relations team at E&Y LLP.