Nelco Q2 Results: Tata Group firm posts 7% profit growth, margin expands

The Tata Group satellite communications company’s revenue grew 5.1% year-on-year, while profit fell 26% from the June quarter. Nelco had invested $20 million in Lunar Holdco in August.
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Key takeaways
- Concerns Nelco (NELCO).
- Category: Results.
Why it matters
A routine update for Nelco. Use the price and stock snapshot to gauge how the market is responding.

















