{"id":141843,"date":"2023-02-15T06:42:52","date_gmt":"2023-02-15T11:42:52","guid":{"rendered":"https:\/\/44.250.171.167\/?p=141843"},"modified":"2023-02-15T08:22:38","modified_gmt":"2023-02-15T13:22:38","slug":"nitco-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/nitco-limited-q3fy23-earnings-story\/","title":{"rendered":"NITCO Limited Q3FY23; Earnings Story"},"content":{"rendered":"\n<p>NITCO Tiles, founded in 1966, manufactures a variety of tiles, marbles, and mosaics in addition to offering floor and wall solutions. Additionally, it now engages in real estate development.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p><a href=\"https:\/\/44.250.171.167\/?post_type=post&amp;s=NITCO\">NITCO Limited<\/a>\u2019s revenue in Q3FY23 fell 6% to \u20b9 11,273 lakhs from \u20b9 12,047 lakhs in Q3FY22. Consolidated Loss After Tax came at \u20b9 3,448 lakhs in Q3FY23. In this quarter\u2019s <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/711aa46d-1124-4ddd-9503-10b2c1d474b3.pdf\" target=\"_blank\" rel=\"noopener\">results<\/a>, the reports suggested that the firm has reported decreased profits due to a high level of expenses.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter is-resized\"><a href=\"https:\/\/lh4.googleusercontent.com\/82c6EEUt9yvE-FJp7lfFVUQYaXnHkBEdSGIbc4_t5iLEqzuBVm9Pn3C_SRvfbQbNPeByPZvTwWqTKF6XY-oaNWxRNGb0SYoDYBUIdKGSvzjaynVuimv_cpQjUxsCM-Af82TQGDSW83YR-Igj1MQjYVI\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/82c6EEUt9yvE-FJp7lfFVUQYaXnHkBEdSGIbc4_t5iLEqzuBVm9Pn3C_SRvfbQbNPeByPZvTwWqTKF6XY-oaNWxRNGb0SYoDYBUIdKGSvzjaynVuimv_cpQjUxsCM-Af82TQGDSW83YR-Igj1MQjYVI\" alt=\"\" width=\"297\" height=\"344\"\/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NITCO Tiles, founded in 1966, manufactures a variety of tiles, marbles, and mosaics in addition to offering floor and wall solutions. Additionally, it now engages in real estate development. Financial Results: NITCO Limited\u2019s revenue in Q3FY23 fell 6% to \u20b9 11,273 lakhs from \u20b9 12,047 lakhs in Q3FY22. Consolidated Loss After Tax came at \u20b9 [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":135790,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753,6352],"tags":[11612,8892,11566],"class_list":["post-141843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","category-research-summary","tag-ceramic","tag-real-estate","tag-tiles"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/skyscrapers-7558938_1920-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141339,"url":"https:\/\/alphastreet.com\/india\/nitco-limited-q3fy23-reported-losses\/","url_meta":{"origin":141843,"position":0},"title":"NITCO Limited Q3FY23; Reported Losses","author":"Karan_Singh","date":"February 13, 2023","format":false,"excerpt":"NITCO Limited\u2019s revenue in Q3FY23 fell 6% to \u20b9 11,273 lakhs. Consolidated Loss After Tax came at \u20b9 3,448 lakhs in Q3FY23. In this quarter\u2019s\u00a0results, the reports suggested that the firm has reported decreased profits due to a high level of expenses.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NITCO.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NITCO.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NITCO.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NITCO.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-NITCO.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":153633,"url":"https:\/\/alphastreet.com\/india\/nitco-ltd-q1fy24-1-rise-in-revenue\/","url_meta":{"origin":141843,"position":1},"title":"Nitco Ltd Q1FY24; 1% rise in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"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 \u20b992.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-984.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-984.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-984.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-984.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-984.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-984.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":141863,"url":"https:\/\/alphastreet.com\/india\/oberoi-realty-limited-q3fy23-earnings-story\/","url_meta":{"origin":141843,"position":2},"title":"Oberoi Realty Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 15, 2023","format":false,"excerpt":"A Mumbai-based real estate development business, Oberoi Realty Ltd. It is a component of the Oberoi Realty Group, which concentrates on projects in the verticals of housing, offices, retail, hotel, and social infrastructure. Financial Results: Oberoi Realty Limited\u2019s revenue in Q3FY23 rose 96% to \u20b9 1,62,946 lakhs. Consolidated Profit After\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1252224581.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1252224581.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1252224581.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142912,"url":"https:\/\/alphastreet.com\/india\/samvardhana-motherson-limited-q3fy23-earnings\/","url_meta":{"origin":141843,"position":3},"title":"Samvardhana Motherson Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 27, 2023","format":false,"excerpt":"Motherson Sumi Systems' main business is the production and sale of parts to original equipment manufacturers in the automobile industry. Indian company Samvardhana Motherson produces electrical harnesses, plastic parts, and rearview mirrors for automobiles. Financial Results: Samvardhana Motherson International Ltd\u2019s revenue in Q3FY23 rose 96% to \u20b9 1,62,946 lakhs. Consolidated\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/istockphoto-95425656-612x612-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/istockphoto-95425656-612x612-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/istockphoto-95425656-612x612-1.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":140989,"url":"https:\/\/alphastreet.com\/india\/pb-fintech-limited-q3fy23-reported-huge-losses\/","url_meta":{"origin":141843,"position":4},"title":"PB Fintech Limited Q3FY23 Reported Huge Losses","author":"Karan_Singh","date":"February 10, 2023","format":false,"excerpt":"PB Fintech Ltd.\u2019s revenue in Q3FY23 rose 66% to \u20b9 61,009 lakhs. Consolidated Loss After Tax came at \u20b9 8760 lakhs in Q3FY23. In this quarter\u2019s\u00a0results, the reports suggested that the firm has reported decreased profits due to an increase in expenses.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POLICYBZR.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POLICYBZR.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POLICYBZR.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POLICYBZR.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-POLICYBZR.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":141465,"url":"https:\/\/alphastreet.com\/india\/panacea-biotec-q3fy23-26-fall-in-revenue\/","url_meta":{"origin":141843,"position":5},"title":"Panacea Biotec Q3FY23; 26% Fall in Revenue","author":"Karan_Singh","date":"February 14, 2023","format":false,"excerpt":"Panacea Biotec Limited\u2019s revenue in Q3FY23 fell 26% to \u20b9 11,520 lakhs. Consolidated Profit After Tax came at \u20b9 1,937 lakhs in Q3FY23. In this quarter\u2019s\u00a0results, the reports suggested that the firm has reported decreased revenues and the reason for the increased profitability is the income recieved from Exceptional Items.","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/141843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=141843"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/141843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/135790"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=141843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=141843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=141843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}