Corporate Actions
Nitco tumbles after Q4 net loss widens to Rs 8 cr

14-May-26   12:21 Hrs IST

Total revenue from operations jumped 62.85% to Rs 152.32 crore in Q4 FY26 as against Rs 93.53 crore in Q4 FY25.

The company reported a pre-tax loss of Rs 7.76 crore in the fourth quarter of FY26 compared with a pre-tax loss of Rs 2.89 crore posted in the same period a year ago.

Total expenses increased by 162.40% YoY to Rs 162.40 crore in Q4 FY26. The cost of materials consumed was Rs 32.05 crore (up 141.70% YoY) during the quarter.

On segmentwise, revenue from tiles and other related products surged 54.39% year-on-year to Rs 151.74 crore, while revenue from the real estate segment declined 19.71% YoY to Rs 0.57 crore in Q4 FY26x .

NITCO makes designer tiles. Its product ranges from ceramic tiles, mosaic tiles, vitrified tiles, vitrified flooring, and marble.

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