Revenue rose by 17.3% year-on-year, reaching ₹79.2 crore, up from ₹67.5 crore in the same quarter of the prior year.
The board has proposed a final dividend of ₹1 per share (10%) on equity shares with a face value of ₹10 each for the financial year ending March 31, 2026. This dividend is pending approval from shareholders at the upcoming annual general meeting.
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“The Board of Directors has proposed a final dividend of ₹1/- per share (10%) (face value of ₹10 each) for the financial year ending 31st March 2026, pending approval from the shareholders at the upcoming Annual General Meeting of the company,” as stated in a stock exchange filing.
Nelco Ltd possesses the VSAT License, Internet Service Provider (ISP) License, and the Inflight & Maritime Communication (IFMC) license issued by the Department of Telecommunications, Government of India (DOT). The company provides a variety of innovative and customized solutions for businesses and government entities. Nelco stands as one of India’s premier VSAT providers.
Nelco Ltd’s shares closed at ₹669.55, a decrease of ₹15.95, or 2.33%, on the BSE.
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(Edited by : Jomy Jos Pullokaran)
