Nitco Limited — Updates, 14-08-2025: Press Release

NITCO reports a strong Q1 FY2025-26 turnaround! Consolidated revenue soared 114% to Rs.150.22 Cr, with a PAT of Rs.47.46 Cr, reversing last year's loss. A major driver was the Rs.58.42 Cr from the Alibaug land development deal, signaling successful asset monetization. The core tiles business also showed robust growth, up 31% to Rs.91.27 Cr, reflecting sustained market demand. Management is confident in maintaining this positive momentum. Key takeaway: Real estate value unlocking combined with solid core business performance.