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Nitco Salaries in Mumbai (Updated 2025)

based on 368 latest salaries
Explore Salaries by Departments
Sales & Business Development Finance & Accounting Marketing & Communication Procurement & Supply Chain + 6 more
Designation Avg Annual Salary Open Jobs
1 year exp. · Mumbai (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.5 L/yr

19 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹15.7 L/yr - ₹20 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4 L/yr

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.9 L/yr

12 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

11 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹18.9 L/yr - ₹24.2 L/yr

28 years exp. · Mumbai (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Last Updated: 14 Mar, 2025

Salary related reviews for Nitco

3.8

Rated by 53 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 11 Oct 2023

2.0
 for  Salary and Benefits

Likes

Brand name is strong in the market. Saturday-Sundays are off. Flexible working hours, can do work from home if needed. Supportive staff.

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  • Work-life balance - Good

Dislikes

... no benefits other than PF, Gratuity and 2 lacs medical (which is insufficient). No incentives, no bonus. Very less than average company culture. Brainless recruitments.

read more
  • Salary - Poor
  • +3 more

Marketing & Communication Department

2.0
  •  posted on 17 Oct 2022

2.0
 for  Salary and Benefits

Likes

1) Work Life balance is good. 2) Brand Image and Brand Name is good in the Industry. 3) Using brand name of NITCO, one can get good job. 4) Work Exposure is Good. 5) Opportunities for Self learning. 6) Work environment is Good. No office politics. 7) It's a Floating company. 8) Management putting effort to improve companies position. 9) Good company to start the career, as one can learn a lot. 10) Industry respects the people from NITCO brand and they receives good opportunities. 11) Company has good brand name in the market and demand for their product is high. 12) With good funding and investment, company has all the capabilities to bounce back and rise a one of the top companies.

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  • Work-life balance - Good

Dislikes

...ns on time. HR send a mail in May, it discuss in July and happens in October. 2) No arrears will be paid for incremental salary. 3) Promotion is not on the basis of performance and achievement. But it is barter deal on what additional role you will take. 4) Company does not have any work culture. No event, no festive celebration, nothing. 5) Medical policy is of only 2 lakhs for 90% of employees, which is too not effective. 6) HR Dept. is only for recruitment and helpless, they does not do anything else. Not even diwali. So it's basically a ship is floating in the sea, could rise and sail high OR could be sunk as well.

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  • Salary - Poor
  • +3 more

Finance & Accounting Department

5.0
  •  posted on 25 Jul 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adipts latest technology. Every employee having Portal which was connected with SAP

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  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent, growth also good. there is no any late working and late night sittings in NITCO

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Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 10 May 2023

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Most pathetic organization, MD is useless and visionless , he is should be ashamed that company is bankrupt but he only spends on himself , hr is useless , companybof 60+older age people , could have withdrawn my years I spent , big mistake on joining this

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  • Salary - Bad
  • +6 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 15 Feb 2019

5.0
 for  Salary and Benefits

Likes

As a fresher , company has given me a wonderful opportunity to experience and learn many things such as, Marketing startegies for demand generation Building secondary pipelines Negotiation skills Retailing Problem solving.... Apart from that it has given me a platform to improve, 1. Self confidence ; 2. Commitment 3. Discipline Thanks Nitco!

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  • Salary - Excellent
  • +3 more

Dislikes

Some of the problems am facing now; 1. unavailability of ready stock to supply customers. 2. Lack of branding and brand awareness 3. Non updation to recent trends and needs of customers which competitors are doing. 4. No appreciation and motivation. 5. Sometimes pressure is very high. There is a compulsion to work in sundays in monthends.

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  • Job security - Poor
  • +2 more
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Nitco Salary FAQs

How much does Nitco pay to its employees?
The average annual salary at Nitco varies depending on the role, experience, and location. The salary ranges for some popular designations at Nitco, are as follows:

Senior Marketing Executive ₹2.4 Lakhs to ₹3.1 Lakhs per year
Production Engineer ₹5 Lakhs to ₹6.3 Lakhs per year
Deputy Manager PPC ₹5.1 Lakhs to ₹6.5 Lakhs per year
Assistant General Manager IT ₹16.7 Lakhs to ₹21.3 Lakhs per year

The highest-paying role, General Manager, earns between ₹37 Lakhs to ₹48.3 Lakhs per year. The top 10% of employees earn more than ₹21.3 Lakhs per year, and the top 1% earn over ₹85.5 Lakhs per year. Salaries at Nitco can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 368 salaries submitted by Nitco employees. Nitco is rated 3.8 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Nitco , Mumbai is INRunlock blur . Salary estimates are based on 368 Nitco latest salaries received from various employees of Nitco.

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