Net profit of Nitin Spinners rose 1.63% to Rs 39.17 crore in the quarter ended March 2024 as against Rs 38.54 crore during the previous quarter ended March 2023. Sales rose 22.28% to Rs 800.71 crore in the quarter ended March 2024 as against Rs 654.80 crore during the previous quarter ended March 2023.For the full year,net profit declined 20.20% to Rs 131.52 crore in the year ended March 2024 as against Rs 164.81 crore during the previous year ended March 2023. Sales rose 20.73% to Rs 2905.65 crore in the year ended March 2024 as against Rs 2406.71 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales800.71654.80 22 2905.652406.71 21 OPM %14.5210.84 -12.9812.34 - PBDT89.0262.04 43 296.00262.68 13 PBT52.7740.74 30 177.53175.87 1 NP39.1738.54 2 131.52164.81 -20 Powered by Capital Market - Live News

Nitin Spinners announced that the Board of Directors of the Company at its meeting held on 09 May 2024, has recommended a Final dividend of Rs.2.50 per share (i.e.25%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 9 May 2024.Powered by Capital Market - Live News

Net profit of Nitin Spinners rose 0.54% to Rs 31.75 crore in the quarter ended December 2023 as against Rs 31.58 crore during the previous quarter ended December 2022. Sales rose 39.69% to Rs 750.42 crore in the quarter ended December 2023 as against Rs 537.20 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales750.42537.20 40 OPM %13.6911.19 - PBDT77.8752.99 47 PBT43.0931.17 38 NP31.7531.58 1 Powered by Capital Market - Live News

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 29 January 2024.Powered by Capital Market - Live News