Nitco Ltd. — Interim / Quarterly Report 2026

Aug 14, 2025

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NITCO/SE/2025-26/27 August 14, 2025

To,

Corporate Service DepartmentBSE LimitedJeejeebhoy TowersDalal Street,Mumbai – 400 001Script code:532722	The Listing DepartmentNational Stock Exchange of India LimitedExchange Plaza, Bandra Kurla Complex, Bandra(E),Mumbai – 400 051Script code:NITCO

Dear Sir/Madam,

Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015 - Press Release

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a press release dated August 14, 2025.

Kindly take the above information on your records.

Thanking You,

Yours Sincerely,

For NITCO Limited

VIVEK Digitally signed by VIVEK PRANNATH PRANNATH TALWAR Date: 2025.08.14 TALWAR 19:17:02 +05'30' _______________ Vivek Talwar Chairman & Managing Director DIN: 00043180

Encl: A/a

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: investorgrievances@nitco.in Website: www. nitco.in

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PRESS RELEASE

NITCO Q1 Revenue Surges 114% on Alibaug Deal, Tiles Growth

Mumbai, August 14, 2025 – “NITCO Limited, a leading player in the tiles, marble, and mosaic industry, has reported a sharp turnaround in its first-quarter results for FY 2025-26, driven by revenue from a recently signed Joint Development Agreement (JDA) for its Alibaug land parcel and steady growth in its core tiles business.

For the quarter ended June 30, 2025, the company recorded consolidated revenue from operations of Rs.150.22 crore, compared to Rs.70.22 crore in the same quarter last year — reflecting a strong growth of 114%. Consolidated profit after tax stood at Rs.47.46 crore, compared to a loss of Rs.43.52 crore in Q1 FY2024-25.

The revenue boost came largely from the Alibaug land development deal, which contributed Rs.58.42 crore during the quarter as an Interest Free Adjustable Advance. The agreement marks a significant step in the company’s asset monetization strategy, aimed at unlocking value from its real estate holdings.

Alongside real estate gains, the tiles and related products segment delivered stable performance, generating Rs.91.27 crore in revenue compared to Rs.69.66 crore in Q1 last year — a growth of around 31%. This reflects sustained market demand for NITCO’s design-led surfaces and a continued focus on operational efficiency.

Commenting on the results, Mr. Vivek Talwar, Chairman & Managing Director, NITCO said: "The first quarter marks a strong start to the financial year. The Alibaug development deal underscores our commitment to unlocking value from our land bank, while our core tiles business continues to deliver consistent results. We are confident of sustaining this growth momentum in the quarters ahead."

Disclaimer

This press release contains certain forward-looking statements including, but not limited to, those relating to general business plans & strategy of the Company, its future outlook & growth prospects, future developments in its businesses, its competitive & regulatory environment and management's current views & assumptions which may not remain constant due to risks and uncertainties. Performance may differ substantially from the expected future results or performance expressed or implied in the forward-looking statements. The Company assumes no responsibility to publicly amend, modify or revise any statement, on the basis of any subsequent development, information or events, or otherwise.

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This “Press Release” does not constitute a prospectus, offering circular or offering memorandum or an offer to acquire any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of the Company’s shares.

VIVEK Digitally signed by VIVEK PRANNATH PRANNATH TALWAR Date: 2025.08.14 TALWAR 19:18:23 +05'30'