Nitin Castings
644.00
+2.05(+0.32%)
Market Cap₹321.30 Cr
PE Ratio31.01
Company Performance:
1D+0.32%
1M+4.69%
6M+20.12%
1Y-12.20%
5Y+1,234.72%
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Latest news about Nitin Castings
Nitin Castings Reports 132% Surge in Q1 Net Profit, Driven by Strong Other Income Growth 21 hours ago Yesterday
Nitin Castings, an alloy steel castings manufacturer, reported a 132% increase in net profit to Rs 570.59 crore for Q1 FY2026, up from Rs 245.39 crore in the previous quarter. This significant growth occurred despite a 9.40% year-on-year decrease in net sales to Rs 3,574.54 crore. The company's other income saw a substantial rise to Rs 262.53 crore, contributing to the profit surge. Earnings per share more than doubled to Rs 11.10. The company demonstrated improved operational efficiency with total expenditure at Rs 3,092.73 crore.