NELCO Q3: Tata Group Firm Swings to Loss, Revenue Dips; Shares Under Pressure

• Tata Group company NELCO Ltd reported a net loss of ₹1.19 crore in Q3 FY26, compared to a net profit of ₹4.95 crore in the same quarter last year.
• Revenue for the December quarter declined by 3% year-on-year to ₹78.3 crore from ₹80.72 crore.
• Total sales also fell by 3% to ₹78.30 crore, indicating operational weakness.
• NELCO's MD & CEO, P.J. Nath, stated that conservative cost provisions were made for potential changes under new labor regulations.
• NELCO shares closed down 0.41% at ₹700.35 on NSE; the stock has fallen over 40% in the last year.

Why It Matters: NELCO, a Tata Group company, reported a significant Q3 loss and revenue decline, impacting its share performance.