Nitin Spinners standalone net profit declines 66.69% in the September 2022 quarter

8 Nov 2022 , 02:41 PM

Net profit of Nitin Spinners declined 66.69% to Rs 29.11 crore in the quarter ended September 2022 as against Rs 87.39 crore during the previous quarter ended September 2021. Sales declined 23.89% to Rs 505.88 crore in the quarter ended September 2022 as against Rs 664.66 crore during the previous quarter ended September 2021.

Particulars	Quarter Ended
?	Sep. 2022	Sep. 2021	% Var.
Sales	505.88	664.66	-24
OPM %	11.27	26.70	–
PBDT	49.33	163.95	-70
PBT	27.42	142.15	-81
NP	29.11	87.39	-67

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