Net profit of Nitco reported to Rs 1.00 crore in the quarter ended September 2025 as against net loss of Rs 34.60 crore during the previous quarter ended September 2024. Sales rose 62.21% to Rs 106.78 crore in the quarter ended September 2025 as against Rs 65.83 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales106.7865.83 62 OPM %-12.84-19.40 - PBDT-12.59-38.69 67 PBT0.94-45.91 LP NP1.00-34.60 LP Powered by Capital Market - Live News

Nitco will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live News

Nitco announced that the Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live News

Nitco announced that Infomerics Valuation and Rating (Infomerics) has re-affirmed the credit rating assigned to the debt/loan facilities availed by the Company through Issuer not Cooperating category. The Company does not concur with the ratings assigned by Infomerics, since they have relied on an outdated data prior to the restructuring agreement entered into by the Company with its lender viz. Authum Investment and Infrastructure (Authum). Infomerics has overlooked the crucial fact that the Company has fully repaid the sustainable debt amount due to Authum and has also settled the outstanding dues of Life Insurance Corporation of India.As on date, the Company`s outstanding debt comprises only of Non-Convertible Debentures of Rs. 50 crore (Interest Rate 5%) maturing in the year 2028. The Company continues to make timely interest payments on due obligations. Further, Authum holds Rs. 150 crore of Non-Convertible Preference Shares (Coupon Rate 0.10%) issued by the Company which is due for redemption from the year 2028.Further, the Company has sufficient liquidity position comprising of cash and cash equivalents amounting to Rs. 79.61 crore as on 30 June 2025. Given the above, the Company is not in agreement with assigned ratings and is in discussions with Infomerics to conclude the rating process. Powered by Capital Market - Live News

Net profit of Nitco reported to Rs 47.53 crore in the quarter ended June 2025 as against net loss of Rs 43.52 crore during the previous quarter ended June 2024. Sales rose 114.84% to Rs 149.66 crore in the quarter ended June 2025 as against Rs 69.66 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales149.6669.66 115 OPM %33.16-15.49 - PBDT50.56-36.37 LP PBT47.46-43.52 LP NP47.53-43.52 LP Powered by Capital Market - Live News