North Eastern Carrying Corporation Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2025. The transportation and logistics company's performance reflects mixed trends across different financial metrics during the reporting period.

Financial Performance Overview

The company's operational revenue for Q3 FY26 totaled ₹719.68 crores, representing a decline from ₹810.52 crores recorded in the corresponding quarter of the previous financial year. This decrease indicates challenging market conditions affecting the company's core business operations.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, North Eastern Carrying Corporation Limited achieved revenue from operations of ₹2,118.14 crores compared to ₹2,408.27 crores in the corresponding period of the previous year. The company reported net profit after tax of ₹705.08 crores for the nine-month period, showing improved profitability metrics.

Share Capital and Earnings Metrics

The company maintained its equity share capital at ₹1,000.00 crores with a face value of ₹10 per share. Earnings per share calculations show basic and diluted EPS of ₹0.34 for Q3 FY26, compared to ₹1.20 in the corresponding quarter of the previous year.

Corporate Governance and Compliance

The financial results were prepared in accordance with Indian Accounting Standards and reviewed by the Audit Committee before receiving approval from the Board of Directors at their meeting held on February 06, 2026. The results comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The detailed format of the financial results has been filed with BSE Limited and National Stock Exchange of India Limited and is available on the company's website at www.neccgroup.com as well as on the stock exchange websites.

North Eastern Carrying Corp. Limited (NECC) has announced a significant development in its business operations, securing a five-year work contract from Tata Steel Limited (TSL) for the transportation of steel products using electric vehicles (EVs).

Contract Details

The contract, as disclosed by NECC in its latest corporate filing, involves the transportation of steel products from TSL's Khopoli facility to various destinations, including:

• Kalamboli
• Panvel
• Taloja
• Other unspecified locations

This agreement marks a notable step in the logistics industry's move towards more sustainable transportation solutions, with NECC utilizing electric vehicles for the entire operation.

Strategic Implications

This contract with Tata Steel, one of India's largest steel producers, represents a significant opportunity for NECC. The five-year duration of the contract suggests a long-term commitment from both parties and could potentially lead to a stable revenue stream for NECC in the coming years.

Commitment to EV Logistics

In its statement, NECC emphasized its commitment to exploring more opportunities in EV logistics. This aligns with the growing trend of companies adopting environmentally friendly practices and could position NECC as a forward-thinking player in the logistics sector.

Market Impact

The news of this contract could have positive implications for NECC's market position and future growth prospects. By partnering with a major corporation like Tata Steel and focusing on EV-based logistics, NECC is demonstrating its ability to adapt to changing market demands and environmental considerations.

As the logistics industry continues to evolve, contracts like this one may become increasingly common, potentially offering new opportunities for companies willing to invest in electric vehicle fleets and sustainable transportation solutions.

Investors and industry observers will likely be watching closely to see how this contract affects NECC's performance and whether it leads to similar opportunities with other major corporations in the future.