NELCO (NELCO) — Board Meeting

📢 Key Event
Board approves unaudited Q1 results and reappoints cost auditors

🔄 What Changed
Net profit increased to ₹234 lakhs; dividend declared at ₹1 per share

💡 Investor Takeaway
The company delivered stronger quarterly profits and maintained its dividend payout, signaling operational stability.

Nelco Limited announced the outcome of its board meeting held on July 16, 2026, approving unaudited consolidated financial results for the quarter ended June 30, 2026, and reappointing P.D.Dani & Associates as cost auditors for FY 2026-27. The unaudited consolidated net profit rose to ₹234 lakhs from ₹109 lakhs in the prior corresponding quarter, driven by operational performance and a one-time reversal of retirement benefit provisions. The board also disclosed a final dividend of ₹1 per share (10% payout).

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About NELCO Limited (NELCO)

Information Technology · IT - Hardware · Listed on NSE

Market Cap: ₹1,533.17 Cr P/E: 77.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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