Nitin Spinners reported net profit of Rs 7.07 crore in the quarter ended March 2012 as against net loss of Rs 7.16 crore during the previous quarter ended March 2011. Sales declined 8.49% to Rs 112.32 crore in the quarter ended March 2012 as against Rs 122.74 crore during the previous quarter ended March 2011.
For the audited full year, net profit declined 95.55% to Rs 0.30 crore in the year ended March 2012 as against Rs 6.74 crore during the previous year ended March 2011. Sales rose 4.23% to Rs 428.30 crore in the year ended March 2012 as against Rs 410.91 crore during the previous year ended March 2011.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2012 | Mar. 2011 | % Var. | Mar. 2012 | Mar. 2011 | % Var. |
| Sales | 112.32 | 122.74 | -8 | 428.30 | 410.91 | 4 |
| OPM % | 18.99 | 34.40 | -45 | 10.55 | 23.71 | -56 |
| PBDT | 16.29 | 36.87 | -56 | 24.28 | 76.31 | -68 |
| PBT | 10.32 | 10.17 | 1 | 0.30 | 30.98 | -99 |
| NP | 7.07 | -7.16 | LP | 0.30 | 6.74 | -96 |