Nesco Limited's board has recommended a final dividend of ₹6.50 per share (325%) for FY25, subject to shareholder approval. The company reported revenue of ₹845 crore for the fiscal year, according to the transcript of its Annual General Meeting.
The company's financial performance for FY25 includes EBITDA of ₹551 crore and profit after tax of ₹375 crore. Nesco Realty's Tower 3 and 4 achieved 100% occupancy, and the company secured IOD permission for Tower 2. Bombay Exhibition Center (BEC) clocked revenue of ₹175 crore, while Nesco Events grew by 55%.
Nesco Foods delivered a 16% growth, and Indabrator clocked revenue of ₹50 crore. The company secured three tenders from the Highway Authority to develop and operate 11 strategic sites.
The company has allocated ₹6.22 crore towards CSR initiatives, primarily in education and healthcare. Nesco's IT park buildings hold IGBC LEED platinum certifications and are ISO 45001:2018 certified.
The company is operating/offering 100% renewable energy across all its facilities and is developing an ESG roadmap for 2030.
The board has recommended a final dividend of Rs 6.50 per share which is 325%, subject to the shareholder approval.
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