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Nitco Ltd consolidated sales down 24.06% on year in Q2FY2026, net profit soared by 32.61%
12-Aug-2026, 07:06
Nitco Ltd share price declined by 0.10% to Rs 96.7 after the company's net profit jumped 32.61% to Rs 10.33 crore, while revenue from operations nosedived 24.06% to Rs 114.74 crore in Q2FY26 over Q1FY26. The market capitalization of Ceramics industry group stocks on BSE stood at Rs 24186.78 crore, declining 5.92%. It has marginally improved by 2% over last one week and moving up by 9.62% in last one month while the market capitalization of Nitco Ltd has slipped by 6.43% and 1.57% in the same period respectively. Profit before tax (PBT) of Nitco Ltd stood at Rs 10.33 crore in Q2 FY26, tumbling by 121.77% year-on-year, and rallying 33.12% quarter-on-quarter. EBITDA came in at Rs 11 crore, tanking 123.16% YoY and jumping 47.65% sequentially. Total expenses tumbled by 20.77% to Rs 126.35 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 23.16 crore, registering a fall of 27.74% YoY, while employee benefits expense was at Rs 19.49 crore, seeing a marginal contraction of 4.60% YoY. For the TTM ended FY26, revenue from operations softened by 3.11% to Rs 312.92 crore, while net profit surged by 354.81% to Rs 741.21 crore, compared to previous TTM. EBITDA jumped by 10990% to Rs 48.08 crore, and PBT soared 355.56% to Rs 741.2 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 147.97 crore in FY26, as against Rs 8.79 crore in FY25. Nitco Ltd nosedived by 25.39% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.
Nitco Ltd share price declined by 0.10% to Rs 96.7 after the company's net profit jumped 32.61% to Rs 10.33 crore, while revenue from operations nosedived 24.06% to Rs 114.74 crore in Q2FY26 over Q1FY26. The market capitalization of Ceramics industry group stocks on BSE stood at Rs 24186.78 crore, declining 5.92%. It has marginally improved by 2% over last one week and moving up by 9.62% in last one month while the market capitalization of Nitco Ltd has slipped by 6.43% and 1.57% in the same period respectively. Profit before tax (PBT) of Nitco Ltd stood at Rs 10.33 crore in Q2 FY26, tumbling by 121.77% year-on-year, and rallying 33.12% quarter-on-quarter. EBITDA came in at Rs 11 crore, tanking 123.16% YoY and jumping 47.65% sequentially. Total expenses tumbled by 20.77% to Rs 126.35 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 23.16 crore, registering a fall of 27.74% YoY, while employee benefits expense was at Rs 19.49 crore, seeing a marginal contraction of 4.60% YoY. For the TTM ended FY26, revenue from operations softened by 3.11% to Rs 312.92 crore, while net profit surged by 354.81% to Rs 741.21 crore, compared to previous TTM. EBITDA jumped by 10990% to Rs 48.08 crore, and PBT soared 355.56% to Rs 741.2 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 147.97 crore in FY26, as against Rs 8.79 crore in FY25. Nitco Ltd nosedived by 25.39% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.