Nitin Spinners Reports Marginal Revenue Decline in Q1 Amid Global Market Uncertainties Aug 08, 2025
Nitin Spinners Reports Steady Q1 Performance, Expects Rs 1,000 Crore Revenue from Expansion Aug 06, 2025
Nitin Spinners Reports Q1 Results, Appoints New Senior Management Aug 05, 2025
More news about Nitin Spinners
05Aug 25
Nitin Spinners Reports Q1 Results and Announces Senior Management Appointments
Nitin Spinners Ltd. announced its Q1 FY24 results with revenue of Rs. 79,331.32 lacs and profit after tax of Rs. 3,939.07 lacs. The company appointed four new Senior Management Personnel and scheduled its 33rd AGM for September 6. The trading window for insiders will open from August 8.
Nitin Spinners Reports Solid Q4 FY2023 Results with Revenue Growth and Dividend Declaration
Nitin Spinners announced robust Q4 FY2023 results, with revenue up 11.83% to ₹839.50 crore, EBITDA increasing 14.37% to ₹117.80 crore, and net profit surging 40.88% to ₹44.80 crore year-over-year. The company declared a dividend of ₹3.00 per share. Annual revenue for FY2023 grew 20.66% to ₹2,907.90 crore, with EBITDA up 26.26% to ₹379.30 crore. Operating Profit Margin improved slightly to 13.97%, and interest expenses decreased by 17.86%, indicating improved operational efficiency and debt management.