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Nitko Limited, a leading company in the tiles, marble and Mozike sector, has done tremendously in the first quarter of the financial year 1-3. Alibaug land (JDA) company (JDA) has achieved good income and has achieved development in the tile business.

In the quarter ended June 3, the collective income from the company has increased from Rs. 8.5 crore to Rs 5.5 crore in the same quarter last year, which has increased by 5 percent. The united taxing profit has gone up to Rs 5.5 crore and the financial year was a loss of Rs 1.5 crore in the first quarter of the financial year.

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What is the policy

The growth of income has been mainly due to the Alibaug land development transaction, which has received interest -free adjustable adjustable adjacent company in the quarter. This agreement is a significant phase of the company’s Asset Monteneration Policy, thereby a goal to obtain the value of real estate holding.

In addition to the benefits from real estate, tiles and production sectors have done a steady performance. The income from it has gone up to Rs. This shows the constant emphasis on the demand and functionality of the designing surfaces of Nitko.

To say the chairman

Regarding these results, Nitko Chairman and Managing Director Vivek Talwar said, “The first quarter has started a strong start of the financial year. Alibaug development transactions have shown our commitment to producing values ​​of land transactions, and our tiles business is also continuously making progress. We are ready to maintain this pace of development in the coming quarters. ‘

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What business Nitko Limited exactly?

For the last 3 years, the Nitko Surface has been at the forefront of the field and has been famous for innovation, quality and sustainability. As the only global company to provide tiles, marbles and moazikes, the designs of sophisticated technology and nature are being combined. Alternatively, Nitko’s products are popular among architects, builders and scorpion consumers.

Cooperation with leading developers like the Prestige Group shows our ability to deliver premium surfes for our reputable and large orders, reputed projects. The rich legacy of Nitko and the most famous buildings in India, town, have been shaped by TownShipas and the real estate has been developed. Landmark Alibaug joint development agreements in our important real estate activities, with tetal environment and proposed Kanjur Marg Property transactions are gaining long -term value as well as contributing to the next phase of development. Nitko, known worldwide for artisan and quality, is establishing parameters in this field and is operating in 3 countries.

Network of more than 3 distributors, 2 exclusive La Studio Experience Centers and Nitko, including more than 3 franchise stores in India and Nepal, are providing their products everywhere. The company has maintained a commitment to sustainable in its functioning and emphasizes environmentally friendly production, recycling activities. We have a priority to combine beauty and responsibility. It is said that not only the space is developed through Nitko