Your trusted source for clear, analytical news.

Company

About Us Contact Us Authors Feedback Grievance

Legal

Terms of Service Privacy Policy Code of Business Cookie Policy Corrections Policy

© 2026AirNews. All Rights Reserved.

Nelco Q2 Profit Jumps 7%, EBITDA Margin Reaches 11.7% | AirNews.in

stocks

Just Dial Q2 Revenue Climbs 13.2% to ₹343 Cr, Shares Surge 4.45%EKGE Retail GAAR Action Set Aside, Raising Investor Confidence NSE Sets Diwali Muhurat Trading for 2:20 PM to 3:30 PM on November 8 Sobha Q2 Net Profit Falls 54.8% to ₹33 Cr, Share Slides 1%Waaree Renewable Q2 Net Profit Drops 30% to ₹82 Crore Amid 36% Revenue Surge Jio Platforms IPO Prices at ₹74.50, Expects 10x Oversubscription, Eyes ₹1.3 Trn Valuation World Bank: India Services Exports + Remittances to Offset $50B Oil Cost Piramal Finance Q2 Net Profit Soars 64.79% to ₹538.59 Cr LTTS Q2 Net Profit Surges 54% to ₹548 Crore, Beats Street Estimates NIFTY 50 Falls 1.2% as Foreign Inflows Dip to $18bn Amid Rising US Yields Just Dial Q2 Revenue Climbs 13.2% to ₹343 Cr, Shares Surge 4.45%EKGE Retail GAAR Action Set Aside, Raising Investor Confidence NSE Sets Diwali Muhurat Trading for 2:20 PM to 3:30 PM on November 8 Sobha Q2 Net Profit Falls 54.8% to ₹33 Cr, Share Slides 1%Waaree Renewable Q2 Net Profit Drops 30% to ₹82 Crore Amid 36% Revenue Surge Jio Platforms IPO Prices at ₹74.50, Expects 10x Oversubscription, Eyes ₹1.3 Trn Valuation World Bank: India Services Exports + Remittances to Offset $50B Oil Cost Piramal Finance Q2 Net Profit Soars 64.79% to ₹538.59 Cr LTTS Q2 Net Profit Surges 54% to ₹548 Crore, Beats Street Estimates NIFTY 50 Falls 1.2% as Foreign Inflows Dip to $18bn Amid Rising US Yields

NelcoTata GroupTelecomQuarterly ResultsStock Market

Nelco Q2 Profit Jumps 7%, EBITDA Margin Reaches 11.7%

about 2 hours ago

Published: October 19, 2026

Nelco Q2 Profit Jumps 7%, EBITDA Margin Reaches 11.7%

Nelco posted a 7% year‑on‑year rise in profit after tax, lifting it to ₹1.73 crore, while EBITDA surged 22% to ₹9.1 crore. Shares fell 5.16% to ₹782 on October 19 amid a 2.36% quarterly revenue decline.

Shares slid 5.16% to ₹782 on October 19 after Nelco reported a modest 7% YoY rise in profit after tax to ₹1.73 crore.

Revenue from operations climbed 5.1% YoY to ₹78.14 crore, while total expenses nudged up 3.23% to ₹69.02 crore. EBITDA jumped 22% year‑on‑year to ₹9.1 crore, pushing the margin to 11.7% from 10% a year earlier.

Quarter‑on‑quarter, revenue fell 2.36% to ₹80.03 crore, and PAT dropped 26.07% to ₹1.73 crore from ₹2.34 crore in June. Expenses eased 3.75% to ₹71.71 crore, indicating tighter cost control.

Nelco disclosed a $20 million investment in Lunar Holdco, Inc. through compulsorily convertible debentures that yield 7% compounded annually and convert into equity. The move signals a push into satellite‑based IoT services in India and abroad.

Next earnings call is slated for November 15, where investors will probe guidance on revenue trajectory and debt dilution post‑Lunar investment. The stock’s YTD gain of 8.08% sits against a 15.95% monthly slide, underscoring short‑term volatility.