NELCO Q3: Tata Group Firm Reports Loss Amidst Revenue Decline

• NELCO Ltd reported a net loss of ₹1.19 crore in Q3 FY26, a significant drop from ₹4.95 crore profit last year.
• Revenue for the quarter declined by 3% year-on-year, falling to ₹78.3 crore from ₹80.72 crore.
• The decline in revenue indicates a softer operating performance for the Tata Group company.
• Managing Director P.J. Nath attributed the loss partly to a conservative cost provision for anticipated changes in new labour regulations.
• NELCO is monitoring the final implementation of labour codes and will adjust as necessary.

Why It Matters: NELCO reported a Q3 loss due to revenue decline and proactive cost provisions for new labour regulations.