Nitco Ltd., a leading player in the tiles and surface industry, has reported its financial results for the fiscal year 2024–25 and Q4, reflecting a mixed performance with a marginal decline in revenues and a significant increase in losses. Revenue from Operations stood at ₹310.66 crore, down by 3.15% compared to ₹320.75 crore in FY 2023–24. This slight dip indicates a relatively stable topline despite market challenges. S. No. Particulars 2024-25 (in Cr.) 2023-24 (in Cr.) YOY% Change 1 Revenue from Operations 310.66 320.75 -3.15% 2 Loss Before Tax -274.37 -156.26 75.59% 3 Loss After Tax -736.21 -156.59 370.17% *Standalone Report Loss Before Tax (LBT) widened sharply to ₹274.37 crore from ₹156.26 crore in the previous fiscal, marking a 75.59% increase in losses. Rising costs or operational inefficiencies may have contributed to this spike. Loss After Tax worsened significantly to ₹736.21 crore in FY 2024–25, up from ₹156.59 crore in FY 2023–24, registering a 370.17% jump. This substantial increase in net losses raises concerns over long-term sustainability and balance sheet stress. HouseGyan Offering Despite the full-year numbers being under pressure, the company showed signs of turnaround in the fourth quarter (Q4 2024–25). Revenue from Operations increased to ₹92.58 crore in Q4 2024–25, up 30.61% from ₹70.89 crore in Q4 2023–24. This jump indicates growing demand or better market penetration during the quarter. S. No. Particulars Q4 2024-25 (in Cr.) Q4 2023-24 (in Cr.) YOY% Change 1 Revenue from Operations 92.58 70.89 30.61% 2 Loss Before Tax -1.94 -53.15 -96.35% 3 Loss After Tax (PAT) -1.94 -53.15 -96.35% *Standalone Report Loss Before Tax significantly reduced to ₹1.94 crore compared to ₹53.15 crore in the same quarter last year, reflecting a 96.35% improvement. Loss After Tax also narrowed substantially to ₹1.94 crore from ₹53.15 crore in Q4 2023–24, a 96.35% year-on-year improvement, suggesting enhanced operational efficiency or cost control measures in recent months. While Nitco Ltd. faced steep challenges throughout FY 2024–25, leading to heavier annual losses, the strong Q4 performance offers a glimmer of hope. A solid revenue boost and massive reduction in quarterly losses may indicate early signs of a turnaround. Investors and stakeholders will now closely watch how the company builds on this momentum in the coming fiscal year.Nitco Ltd. FY 2024–25 Performance Overview:
Nitco Ltd. Q4 Performance Overview (Jan-March 2025):
Conclusion:
7th, May, 2025
By HouseGyanNitco Ltd. Reports ₹310.66 Cr Revenue in FY 2024-25, Down 3.15% YoY
House Gyan all services
Loading...
The information contained on Housegyan.com is provided for general informational purposes only. While we strive to ensure that the content on our website is accurate and current, we make no warranties or representations of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Housegyan.com will not be liable for any loss or damage including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Third party logos and marks are registered trademarks of their respective owners. All rights reserved.
By Rapsa Group
Download Our App
