Why did profit grow much slower than revenue?

Revenue grew **27%** while profit rose just **10%**, meaning expenses grew faster than sales over the year. This squeezed the margin.

What was the final dividend?

The board declared a final dividend of **₹7 per share**, up from **₹6.50** previously.

Is there any strategic news in these results?

No. This is a routine annual results announcement with no strategic updates or surprises noted.

What were the absolute profit and revenue numbers?

Nesco reported ₹932 crore in revenue and ₹412.80 crore in profit after tax for FY2026.

Earnings · Engineering - Industrial Equipments · Mid cap

Nesco's revenue grew 27%, but profit barely kept pace.

Top-line expansion is solid. The gap between sales and profit growth tells the real story.

— 3 earlier stories on Nesco Ltd. →

NESCO By Tipsheet Editorial 25 May 2026 · 7:50 PM IST Verify on BSE · NSE

Mkt cap₹7,839 cr

P/E18.99×

ROE14.27%

Debt / eq.0.00

Div yld0.62%

27% FY2026 revenue growth

What's new

Revenue jumped 27% to ₹932 crore in FY2026.
Net profit rose 10% to ₹412.80 crore.
Final dividend increased from ₹6.50 to ₹7 per share.

Why this matters

A 27% revenue gain is strong, but profit growing only 10% means costs are rising faster than sales. The company is scaling its top line, but the earnings benefit is muted. The business is becoming larger, but not yet proportionally more profitable.

What we're watching

Whether operating margins compress further or stabilize.
Cost driver details from any upcoming management call.
The dividend payout ratio trend as earnings growth lags revenue.

The full read

Nesco's FY26 results are a tale of two speeds. Revenue surged 27% to ₹932 crore. Profit grew just 10% to ₹412.80 crore. The gap is the story. Costs climbed faster than sales. The board nudged the dividend up to ₹7 from ₹6.50. Hardly a windfall. The top line is scaling. Profit is not. The open question is whether this is a temporary cost bump or a sign of tighter margins ahead.

Questions answered

Why did profit grow much slower than revenue?: Revenue grew 27% while profit rose just 10%, meaning expenses grew faster than sales over the year. This squeezed the margin.
What was the final dividend?: The board declared a final dividend of ₹7 per share, up from ₹6.50 previously.
Is there any strategic news in these results?: No. This is a routine annual results announcement with no strategic updates or surprises noted.
What were the absolute profit and revenue numbers?: Nesco reported ₹932 crore in revenue and ₹412.80 crore in profit after tax for FY2026.

Mentioned: Nesco Ltd · ₹932 crore revenue · ₹412.80 crore PAT

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on NESCO →

25 May 2026 · 7:50 PM IST Nesco's revenue grew 27%, but profit barely kept pace.
today Nesco walks away from all four Raipur-Vizag expressway sites
11d ago Nesco FY26 results show steady growth in line with expectations
11d ago Nesco's ₹932 cr revenue was already priced in. The real story is the ₹7 dividend.