Nelco Faces ₹41.9 Million One-Time Tax Liability

Nelco Ltd has announced a one-time tax liability of ₹41.9 million, impacting its financials. This development follows recent updates on the company's GST disputes and potential reductions in tax liabilities under the Direct Tax Vivad Se Vishwas Scheme. Nelco's financial performance has seen fluctuations, with a recent decline in quarterly profits. The company continues to navigate tax-related challenges while focusing on its satellite communication solutions portfolio.

Source: NSE, BSE, Zerodha.