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Latest news about NELCO

Nelco Schedules Q3 FY25 Results Review for January 15, 2025 2 days ago

Nelco has scheduled a review of its third quarter financial results for January 15, 2025. This announcement provides stakeholders with a specific date to expect detailed insights into the company's Q3 performance, demonstrating the company's commitment to regular financial transparency and investor communication.

NELCO Explores Satellite Internet Partnerships with Starlink, Amazon Kuiper 3 days ago

NELCO GST Appeal Dismissed, ₹2.04 Cr Demand Upheld Dec 22, 2025

CRISIL Revises Nelco's Rating Outlook to Stable, Reaffirms A Rating Nov 18, 2025

NELCO Secures GMPCS VNO License Approval from Department of Telecom Oct 31, 2025

More news about NELCO

17Oct 25

Nelco Limited Reports Q2 FY26 Results: Net Profit Declines to Rs 162 Lakhs

NELCO's Q2 FY26 results show a significant decline in profitability. Net profit fell by 60.5% to Rs 162.00 lakhs, while total income decreased by 9.4% to Rs 7,561.00 lakhs compared to Q2 FY25. For H1 FY26, net profit was Rs 342.00 lakhs, down from Rs 866.00 lakhs in H1 FY25. Despite profit challenges, the company maintained a final dividend of Rs 1.00 per equity share for FY25. Operating expenses decreased, but employee benefits and finance costs saw slight increases. The balance sheet remains stable with total assets at Rs 30,949.00 lakhs as of September 30, 2025.

15Oct 25

Nelco Targets Enterprise and Government Sectors for Satellite Communication Services

Nelco, a key player in satellite communication, has announced a strategic plan to target enterprise and government sectors for its next-generation satellite communication services. The company is moving away from the retail sector, which it views as having limited opportunities in satcom. This shift aims to secure high-value, long-term contracts in the B2B and G2B segments, potentially offering more stable revenue streams and growth opportunities. Nelco's strategy reflects the increasing importance of satellite communication in various sectors and its recognition of growing demand for advanced satcom services in corporate and public sector environments.

18Sept 25

NELCO Addresses Satellite Broadband Rumors, Cites Market Forces for Stock Movement

NELCO, a Tata Group company, has issued a clarification to the BSE regarding media speculation about its potential entry into the satellite broadband sector. The company stated it has not withheld any material information and cannot comment on rumors. NELCO routinely evaluates strategic opportunities but assured that any material developments would be promptly disclosed. The recent stock price movement was attributed to general market conditions. The company reaffirmed its commitment to regulatory compliance and transparent communication with stakeholders.

11Aug 25

Nelco Partners with Eutelsat to Deliver OneWeb LEO Satellite Services Across India

Nelco Ltd., a Tata Group company, has signed an agreement with Eutelsat to provide OneWeb's low Earth orbit (LEO) satellite connectivity services across India. The partnership aims to offer secure, low-latency connectivity for land, sea, and air applications. Services will be available when OneWeb's operations become commercially active in India, covering the country's borders, territorial waters, and remote regions. The collaboration is expected to support various sectors including business, maritime, aviation, and government applications, enhancing India's digital infrastructure and connectivity in underserved areas.

14Jul 25

Nelco Ltd: Q1 Profit Plunges 60%, Stock Tumbles

NELCO's Q1 results show flat revenue at ₹74.00 crore, but a 60% drop in net profit to ₹1.80 crore. EBITDA decreased by 36.07% to ₹7.80 crore, with EBITDA margin falling to 10.40% from 16.50%. The stock price fell 5.30% to ₹897.50 following the announcement.

17Jun 25

NELCO Secures National VSAT Virtual Network Operator Authorization

NELCO has obtained a National-level VSAT Virtual Network Operator Authorization from the Department of Telecommunications, expanding its current Unified License. This allows NELCO to operate as a virtual network operator for VSAT services across India, potentially broadening its customer base and market reach. The authorization enhances NELCO's position in the VSAT services market, crucial for providing communication in areas with limited terrestrial networks. This development could lead to an expanded service portfolio, increased market reach, and enhanced competitiveness for NELCO in the satellite communication sector.

25Apr 25

Nelco Reports Q4 FY25 Loss Despite Revenue Growth, Recommends Dividend

Nelco Limited reported a decrease in Q4 FY25 revenue to ₹675.00 crore, down from ₹816.10 crore in Q4 FY24. The company's net loss improved to ₹41.00 crore from ₹61.00 crore year-over-year. For the full fiscal year 2024-25, Nelco's revenue declined to ₹3,048.70 crore from ₹3,203.00 crore in FY24, with net profit dropping to ₹95.30 crore from ₹236.70 crore. Despite challenges, the Board recommended a final dividend of ₹1.00 per share. The company also announced re-appointments of auditors and approved a corporate guarantee for its subsidiary.

24Apr 25

NELCO Reports Q4 FY2024-25 Results: Loss Reduction, Revenue Decline, and Dividend Announcement

NELCO's Q4 FY2024-25 results show a 32.8% reduction in net loss to ₹41.00 crore, but revenue declined by 17.3% to ₹675.00 crore. Annual performance for FY2024-25 saw declines across key metrics, with net profit falling 59.7% to ₹95.30 crore. The company successfully managed an operational challenge due to a satellite outage. A final dividend of ₹1.00 per share was recommended, and key auditor appointments were made.