NITCO Scores Big with ₹111 Crore Prestige Order

NITCO Ltd, a leading manufacturer of tiles and marble, has secured a new order worth ₹111 crore from Prestige Group, one of India’s top real estate developers. This latest order exceeds the earlier projection of ₹104 crore made in December 2024, bringing the total order value from Prestige Group to ₹216 crore since the end of last year.

The order will supply materials for Prestige Group’s ongoing real estate projects across six major metropolitan cities—Bengaluru, Hyderabad, Chennai, Mumbai, Pune, and the National Capital Region (NCR).

Vivek Talwar, Chairperson and Managing Director of NITCO Ltd, commented, “This repeat order from Prestige Group reaffirms our reputation for delivering premium quality and reliability. It reflects the strong partnership we've built and NITCO’s growing role as a key supplier to high-end real estate developments.”

This development highlights the ongoing momentum in the real estate sector and reinforces NITCO’s strategic position in the premium building materials market. The combined order value is expected to positively influence the company’s financial performance in the upcoming quarters.