Q3 Results: Tata Group company NELCO Ltd has announced the results for the October-December quarter (Q3 FY26) of the financial year 2026. The company has incurred a net loss of ₹1.19 crore. In the same quarter last year, the company had earned a net profit of ₹4.95 crore.
3% decline in revenue and sales
The company’s revenue declined 3 percent year-on-year to ₹78.3 crore in the December quarter. It was ₹80.72 crore in the same period a year ago.
Similarly, NELCO’s total sales during the quarter also declined by 3 per cent to ₹78.30 crore. It was ₹80.72 crore in the previous quarter. This decline shows operational weakness.
What did NELCO management say?
NELCO Managing Director and CEO P.J. Commenting on the results, Nath said that NELCO has made conservative cost provision as per accounting standards. This has already included possible changes under the new labor regulations.
He said that the company is continuously monitoring the developments related to the final implementation of the new labor codes and financial adjustments will be made if necessary.
Status of NELCO shares
Shares of NELCO Limited closed 0.41 per cent lower at ₹700.35 on the NSE on Wednesday. The stock has fallen 20.28% in the last 6 months. At the same time, it has crashed by 40.06% in 1 year. The market cap of the company is Rs 1.60 thousand crore.
What is NELCO’s business?
NELCO Limited is a Tata Group company and its main business is related to satellite communication and network services. The company provides VSAT (Very Small Aperture Terminal) solutions, satellite based connectivity, managed network services and communication infrastructure.
NELCO’s services are especially important for banking, defence, oil & gas, power, mining, shipping and industry sectors operating in remote locations. Because here the traditional telecom network is out of reach.
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