Company Response to NSE Query

Date of Communication: June 30, 2026

Nature of NSE Query

Nesco Limited received a query from the National Stock Exchange (NSE) via email dated June 29, 2026, seeking clarifications regarding the consolidated financial results filed by the company for the quarter and year ended March 31, 2026.

Company's Clarification on Financial Results

The company provided detailed clarification regarding the financial figures reported in its XBRL filings submitted on May 25, 2026:

Key Financial Figures (in Rs. Crores):

  • Total tax expenses: 23.40 (quarter) | 102.87 (year)
  • Net Profit/Loss for the period from continuing operations: 93.05 | 412.74
  • Total profit (loss) for period: 93.05 | 412.74
  • Other comprehensive income net of taxes: (0.04) | 0.05
  • Total Comprehensive Income for the period: 93.01 | 412.79
  • Profit attributable to owners of parent: 93.05 | 412.74
  • Comprehensive income attributable to owners of parent: 93.01 | 412.79
  • Paid-up equity share capital: 14.09 | 14.09
  • Face value of equity share: 2.00 | 2.00
  • Reserves excluding revaluation reserve: 2,982.33
  • Basic EPS from continuing operations: 13.21 | 58.58
  • Diluted EPS from continuing operations: 13.21 | 58.88

The company confirmed there is no mismatch in the figures of reserves excluding revaluation between the PDF results and XBRL filings.

Subsidiary Transactions Explanation

The company explained that the only transactions in the subsidiary during the quarter and year ended March 31, 2026 included:

  • Equity capital contribution by the reporting company
  • Income earned during the period
  • Expenditure incurred during the period

These transactions were described as "nominal in value terms," resulting in standalone and consolidated financial results that are "near to same when reported in Rs. Crores."

Final Declaration

The company explicitly stated: "There are no discrepancies in the figures reported as per explanation given above" and requested the exchange to take the clarification on record.

Topic Tags: Regulatory Response, Financial Results Clarification, Compliance, SEBI Regulations, Financial Reporting