Nitco Limited (NITCO) Q2 FY27 Financial Results: PAT ₹-1,027.27 Cr & Revenue ₹11,549.57 Cr(2 announcements)

Nitco Limited reported unaudited Q1 results for June 30, 2026, showing consolidated revenue of ₹11,601.45 crores and a net loss of ₹1,032.97 crores. The board approved a Debtor's Bills Discounting Agreement worth ₹200 crores with Desiderata Impact Ventures for FY 2026-27. Auditor M/s. M M Nissim & Co LLP confirmed limited review of results, noting variable consideration from land agreements and ESOP expenses.

Nitco Limited announced its Q1 FY2026 unaudited financial results on August 12, 2026, reporting standalone revenue of ₹11,549.57 crores and consolidated revenue of ₹11,601.45 crores, with both segments posting losses before tax of ₹925.13 crores and ₹1,032.81 crores respectively. The filing includes a Limited Review Report by M/s. M M Nissim & Co LLP confirming unaudited standalone and consolidated financials for the quarter ended June 30, 2026, along with disclosures on variable consideration from a joint development agreement, ESOP expenses, penalties, and pending asset sales. The board reappointed Cost Auditor Mr. R. K. Bhandari and approved a buyer finance agreement of approximately ₹200 crores with Desiderata Impact Ventures Private Limited for debtor's bills discounting, which is not a related party transaction.