Nesco Limited — Others, 30-01-2025: Change in Management

Nesco Limited has announced a board meeting where the Board of Directors approved the unaudited financial results for the quarter and nine months ended 31 December 2024, reporting a revenue from operations of ₹20,653.85 crore and a profit after tax of ₹10,993.60 crore. Additionally, the board approved the formation of a wholly owned subsidiary, Nesco Retail Private Limited, aimed at developing and managing various amenities across India. Changes in senior management personnel were also approved. This update signals strong operational performance and strategic growth initiatives, which could foster a positive outlook among investors.