BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
Nesco Ltd.’s reported revenue declined by 47% YoY and 7% QoQ in Q2 FY21.
The decline in revenue on YoY basis was due to a decline in Bombay Exhibition Center (BEC) and hospitality segment’s revenue by 99.6% and 49.4% YoY in Q2 FY21 as the BEC was converted into a Covid-19 care centre by the Municipal Corporation of Greater Mumbai.
The IT Park revenue increased by 7% YoY but declined by 15% QoQ.
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