5041122026-07-012026-09-305041122026-09-305041122026-03-315041122026-04-012026-09-305041122026-07-012026-09-30in-capmkt:OtherExpenses1Member5041122026-07-012026-09-30in-capmkt:OtherExpenses2Member5041122026-04-012026-09-30in-capmkt:OtherExpenses1Member5041122026-04-012026-09-30in-capmkt:OtherExpenses2Member5041122026-09-30OtherNoncurrentFinancialAssetsDomain15041122026-09-30OtherNoncurrentFinancialAssetsDomain25041122026-09-30OtherNoncurrentAssetsDomain15041122026-09-30OtherCurrentFinancialAssetsDomain15041122026-09-30OtherCurrentAssetsDomain15041122026-09-30OtherNoncurrentFinancialLiabilitiesDomain15041122026-09-30OtherCurrentFinancialLiabilitiesDomain15041122026-09-30OtherCurrentLiabilitiesDomain15041122026-09-30OtherCurrentLiabilitiesDomain25041122026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15041122026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares504112NELCONOTLISTEDINE045B01015NELCO LIMITEDMain BoardEquity2026-04-012027-03-312026-10-192026-10-13INRLakhsQuarterlySecond quarterSingle segmentNetworking system2026-10-1914:00:002026-10-1917:15:00trueCash Flow IndirectNot applicable2026-07-012026-09-30UnauditedConsolidated78140000025100000806500000064000000-380000012320000034400000580000005068000007826000002390000002390000019100000-131000006000000017900000000-600000173000001600000189000000000228200000100.760.76000.760.76Notes to the Unaudited Consolidated Financial Results for the quarter and six months ended September 30, 2026 <br /> <br /> 1. The Consolidated financial results of Nelco Limited ("the Holding Company"), its subsidiary Nelco Network Products Limited (together referred to as "Group") and its associate Piscis Networks Private Limited have been prepared in accordance with Indian Accounting Standards ('IND AS') notified under Section 133 of the Companies Act 2013, read together with the Companies (Indian Accounting standard) Rules, 2015 (Amended). These have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on October 19, 2026. <br /> <br /> 2.On November 21, 2025, the Government of India notified four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively the "Labour Code"). Management assessed and recognised the incremental impact of Rs. 381 Lakhs due to these changes on the basis the best information available which was disclosed as an Exceptional Item. During the previous quarter ended June 30, 2026, Management completed the restructuring process of payroll for employees in order to align with the requirements of the Labour Code and reversed the provision for Retirement Benefits amounting to Rs 106 Lakhs which was disclosed as an Exceptional Item. <br /> <br /> 3.For the financial year ended March 31, 2026, Holding Company paid a final dividend of Rs. 1.00 (10%) per equity share which was recommended by the Board and approved by Shareholders at the Annual General Meeting of the Holding Company held on June 24, 2026. <br /> <br /> 4.During the quarter ended September 30, 2026, Holding Company invested Rs. 19,110 lakhs (USD 20 million) in Compulsorily Convertible Debentures (CCDs) issued by Lunar Holdco, Inc. (“Lunar”) (now known as Elveo Mobile, <br /> Inc.). The CCDs are convertible into equity instruments of Elveo Mobile, Inc. in accordance with the terms of investment agreement. The investment has been recognised in accordance with the provisions of <br /> Ind AS 109- Financial Instruments. <br /> <br /> 5.Based on evaluation of key financial parameters, the Group believes that it operates in only one reportable segment i.e. Network Systems and accordingly the financial results are reported as single reportable segment. <br /> <br /> 6.The Unaudited Standalone and Consolidated financial results for the quarter and six months ended September 30, 2026, of the Holding Company are available on the Holding Company's website (URL: www.nelco.in/investor-relation/financial.php), Bombay Stock Exchange's website (URL: www.bseindia.com) and National Stock Exchange's website (URL: www.nseindia.com).2026-04-012026-09-30UnauditedConsolidated158170000026500000160820000009330000035700000255600000471000001092000001022700000156360000044600000106000005520000042600000-2870000013900000041300000000-600000407000005100000458000000000228200000101.781.78001.781.78Opearating expenses393900000Other Expenses112900000Opearating expenses772700000Other Expenses25000000010922000007950000000414000000001974600000008080000020554000003496000003180000036499000003268000000875800000661000009100000500000288000009803000000466100000177320000054231000002282000001083100000131130000001311300000205150000060000020521000000002052100000410300000043840000043840000017760000010263000008744000007490000084100000205970000041118000005423100000other financial assets11400000income tax assets net69400000Other non-current assets31800000other financial assets28800000Other current assets466100000other financial liabilities600000other financial liabilities177600000Other current liabilities74200000Contract liabilities80020000047100000357000001606000000-291000000-7100000-8000001460000002030000003050000001092000000-68000000-36000000-50000041000000000000373200000045310000050830000000-6000001960000004881000000000000098000003431000000000000000001911000000000006000000-500000-22442000000000000026279000008998000002680000022200000171000000-337000001628300000-1278000000-12780000019390000066100000Remeasurement of post employment benefit obligations (net of tax)16000001600000Remeasurement of post employment benefit obligations (net of tax)51000005100000000016000005100000