Nilkamal Limited — Updates, 05-02-2025: Press Release

**Updates:**

Nilkamal Limited reported a revenue of ₹832 crores for Q3 FY25, showing a year-on-year growth of 6%. However, its EBIDTA dropped by 14% to ₹60 crores, while profit before tax (PBT) fell 39% to ₹19 crores, and profit after tax (PAT) decreased by 37% to ₹15 crores. The Business to Business (B2B) segment experienced modest value growth of 8%, despite a 1% volume decline. The company's E-commerce sales recorded a 6% increase, reaching ₹42 crores.

The company enhanced its retail presence, rebranding it as 'Nilkamal Homes', and expanded its channel partnerships, contributing to a notable 46% growth in the mattress business. A significant increase in advertisement and sales promotion expenses to ₹30.86 crores indicates ongoing commitment to brand engagement. Following a capital expenditure of ₹233 crores over nine months, the net borrowings increased to ₹349 crores.

Overall, Nilkamal is diversifying and strengthening its market position despite facing profitability pressures, indicating a strategy focused on long-term growth. Watch closely as the company navigates these changes.