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Nitco Ltd Q1FY24; 1% rise in Revenue

NITCO tiles were established in 1966 by the late Mr. Pran Nath Talwar, is engaged in providing floor and wall solutions and manufactures a range of tiles, marbles, and mosaic. It has also entered into real estate development

Financial Results:

Nitco Ltd reported Revenues for Q1FY24 of ₹92.00 Crores up from ₹91.00 Crore year on year, a rise of 1.1%.

Total Expenses for Q1FY24 of ₹126.00 Crores up from ₹122.00 Crores year on year, a rise of 3.28%.

Consolidated Net Profit of -₹33.00 Crores from -₹39.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹4.56, from -₹5.36 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: construction
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