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LIMITEDMain BoardEquity2026-04-012027-03-312026-10-192026-10-13INRLakhsQuarterlySecond quarterSingle segmentNetworking system2026-10-1914:00:002026-10-1917:15:00trueCash Flow IndirectNot applicabletruetrueNANAfalsetrue2025-06-06https://www.nelco.in/pdf/Policies/Related%20Party%20Transaction%20Policy.pdf falsefalseNot applicable to us2026-07-012026-09-30UnauditedStandalone527900000255000005534000000007760000029500000386000003609000005066000004680000004680000019100000-70000001210000003470000000003470000090000035600000228200000101.521.52001.521.52Notes to the Unaudited Standalone Financial Results for the quarter and six months ended September 30, 2026 <br /> <br /> 1. The results 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. 238 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 94 Lakhs which was disclosed as an Exceptional Item. <br /> <br /> 3.For the financial year ended March 31, 2026, Company paid 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 Company held on June 24, 2026. <br /> <br /> 4.During the quarter ended September 30, 2026, 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, 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 Company believes that it operates in only one reportable segment i.e. Network Systems and accordingly the financial results are reported as single reportable segment. 2026-04-012026-09-30UnauditedStandalone1076000000285000001104500000000164200000324000007040000074930000010163000008820000094000009760000042600000-1770000024900000072700000000072700000300000075700000228200000103.183.18003.183.18Operating expenses279800000Other Expenses81100000Operating expenses564900000Other Expenses184400000891200000579000000040400000002262900000000170000017000002561000001800000035282000000039330000066100000910000050000089000004779000000146600000624500000004152700000228200000108620000013144000001314400000201910000001100000110000020202000000002020200000304000000174300000174300000111800000316500000370000000473000008430000008181000000028383000004152700000other financial assets1700000Other non-current assets18000000other financial assets8900000Other current assets146600000Other financial liabilities111800000Other current liabilities64500000contract liability305500000305000000405000000-43500000-74000000115000000489000000303000000704000000-87000000-24700000049000000000000-22000000013070000022830000000-220000022300000-2200000201600000000000009800000304800000000000000000191100000022000000022000000000022000000-700000-2204500000000000002101000000150000000182000002220000018000000-337000001875100000-1278000000-12780000019390000066100000Remeasurement of post employment benefit obligations (net of tax)900000900000Remeasurement of post employment benefit obligations (net of tax)3000000300000000009000003000000Nelco Limited******Poolavadi Windfarm Limited******Subsidiary of Holding CompanySale of goods or services1200000Approved32000074000Nelco Limited******Tata Sons Private Limited******PromoterPurchase of goods or services13500000Approved247300041960002541000Nelco Limited******Tata Communications Limited******Promoter GroupSale of goods or services32300000Approved4263000134100012735000Nelco Limited******Tata Communications Limited******Promoter GroupPurchase of goods or services120000000Approved3251400016570002419000Nelco Limited******Tata Teleservices Limited******Promoter GroupPurchase of goods or services18600000Approved517100030000Nelco Limited******C-edge Technologies Limited******Promoter GroupSale of goods or services111000000Approved399240001448300023599000Nelco Limited******Tata Teleservices Limited******Promoter GroupSale of goods or services54800000Approved319400036890003137000Nelco Limited******Tata Capital Limited******Promoter GroupPurchase of goods or services10100000Approved270400000Nelco Limited******Tata Steel Limited******Promoter GroupSale of goods or services22700000Approved325000038850005841000Nelco Limited******Tata Technologies Limited******Promoter GroupSale of goods or services133300000Approved23761000-6625000-4514000Nelco Limited******The Indian Hotels Company Limited******Promoter GroupPurchase of goods or services6000000Approved528000360000Nelco Limited******The Tata Power Company Limited******Holding companyDividend paidApproved1141800000Nelco Limited******Tata AIG General Insurance Company Limited******Promoter GroupPurchase of goods or services10000000Approved6300000Nelco Limited******TP Southern Odisha Distribution Limited******Subsidiary of Holding CompanySale of goods or services3500000Approved6950001208000902000Nelco Limited******Tata 1MG Technologies Pvt Limited******Promoter GroupPurchase of goods or services1900000Approved887000574000516000Nelco Limited******Piscis Networks Private Limited******Associate CompanyInvestmentApproved03036900030369000Nelco Limited******Piscis Networks Private Limited******Associate CompanyPurchase of goods or services160000000Approved358170005591000034484000Nelco Limited******Tata Business Hub Limited******Promoter GroupPurchase of goods or servicesApproved02900029000Nelco Limited******The National Radio & Electronics Co. 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