Nitco Reports Strong Sales Growth Amid Ongoing Profitability Challenges in May 2025

Nitco, a small-cap player in the Ceramics/Marble/Granite/Sanitaryware industry, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 2, 2025, indicate a notable shift in the company's evaluation, with a revision in its score reflecting recent performance.
The financial data reveals that Nitco achieved its highest quarterly net sales in the last five quarters, reaching Rs 93.54 crore, which represents a significant growth compared to the average net sales of the previous four quarters. Additionally, the company reported its highest profit before tax and profit after tax figures in the same period, indicating a positive trend in profitability metrics.

However, challenges remain, particularly in the area of operating profit relative to interest payments, which has reached its lowest point in the last five quarters. This suggests a growing concern regarding the company's capacity to manage its interest obligations effectively. Furthermore, while non-operating income has seen an increase, its sustainability may be questionable.

Overall, Nitco's recent financial results highlight a complex landscape of both positive developments and ongoing challenges.

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