Nahar Spinning Mills
232.26
+8.54(+3.82%)
Market Cap₹837.70 Cr
PE Ratio40.16
IndustryTextiles
Company Performance:
1D+3.82%
1M+17.70%
6M+12.93%
1Y+1.35%
5Y+119.94%
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More news about Nahar Spinning Mills
31Jul 25
Nahar Spinning Mills Reports 141% Surge in Q1 Profit, Unveils Rs 350 Crore Modernization Plan
Nahar Spinning Mills Limited reported a 141% year-on-year increase in net profit to Rs 15.96 crore for the first quarter. Revenue remained stable at Rs 819.28 crore. The company's Board approved a Rs 350 crore modernization plan, including Rs 325 crore for spinning units upgrades and Rs 25 crore for a solar system. The plan aims to increase production efficiencies by 9% and improve product quality. A dividend of Rs 1.00 per equity share was declared, with the record date set for September 5, 2025. The 45th AGM is scheduled for September 25, 2025, via video conferencing.
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23Jul 25
Nahar Spinning Mills to Consider Rs. 350 Crore Capital Investment Plans in Upcoming Board Meeting
Nahar Spinning Mills Ltd. has scheduled a board meeting for July 31, 2025, to approve Q2 financial results and consider two major investments: Rs. 325 crores for spinning units modernization and Rs. 25 crores for an 11 MW Solar PV System. The company has implemented a trading window closure from July 1, 2025, until 48 hours after the quarterly results declaration.
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29May 25
Nahar Spinning Mills Swings to Profit in Q4, Announces Dividend
Nahar Spinning Mills has reported a significant financial turnaround in Q4, with a net profit of ₹224.00 million compared to a loss of ₹3.72 million in the same quarter last year. Revenue increased to ₹8.76 billion from ₹8.15 billion year-over-year. The company also showed sequential improvement, with profit rising from ₹7.60 million in Q3. A dividend of ₹1.00 per equity share has been recommended.
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28May 25
Nahar Spinning Mills Reports Q4 Profit and Announces Dividend
Nahar Spinning Mills has reported a significant financial turnaround in Q4, swinging from a loss of ₹3.72 crore to a profit of ₹22.40 crore. Revenue increased to ₹876.00 crore, up from ₹815.00 crore year-over-year. EBITDA rose to ₹662.30 crore with an improved margin of 7.56%. The company also announced a dividend of ₹1 per equity share. Despite the strong quarterly performance, the annual figures for FY2024 still show a net loss of ₹51.10 crore.
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Nahar Spinning Mills
232.26
+8.54
(+3.82%)
1 Year Returns:+1.35%
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