NELCO
869.35
-18.25(-2.06%)
Market Cap₹1,983.70 Cr
PE Ratio293.74
Company Performance:
1D-2.06%
1M+2.53%
6M-4.25%
1Y-9.93%
5Y+383.24%
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More news about NELCO
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.
NELCO
869.35
-18.25
(-2.06%)
1 Year Returns:-9.93%
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