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Stock Report
Nitin Spinners Ltd Q2FY22 PAT rises to Rs. 87.39 crore
Posted On : 2021-11-09 15:22:45( TIMEZONE : IST )
Nitin Spinners Limited has reported Standalone financial results for the period ended September 30, 2021.
Financial Results (Q2 FY2022) - QoQ Comparison
The company has reported total income of Rs. 665.3219 crores during the period ended September 30, 2021 as compared to Rs. 553.8665 crores during the period ended June 30, 2021.
The company has posted net profit / (loss) of Rs. 87.3927 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs. 60.0135 crores for the period ended June 30, 2021.
The company has reported EPS of Rs. 15.54 for the period ended September 30, 2021 as compared to Rs. 10.67 for the period ended June 30, 2021.
| Financials | Q2 FY2022 | Q1 FY2022 | % Change |
| Total Income | ₹665.3219 crs | ₹553.8665 crs |  20.12% |
| Net Profit | ₹87.3927 crs | ₹60.0135 crs | 45.62% |
| EPS | ₹15.54 | ₹10.67 | 45.64% |
Financial Results (Q2 FY2022) - YoY Comparison
The company has reported total income of Rs.665.3219 crores during the period ended September 30, 2021 as compared to Rs.426.9857 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.87.3927 crores for the period ended September 30, 2021 as against net profit / (loss) of Rs.11.9234 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.15.54 for the period ended September 30, 2021 as compared to Rs.2.12 for the period ended September 30, 2020.
| Financials | Q2 FY2022 | Q2 FY2021 | % Change |
| Total Income | ₹665.3219 crs | ₹426.9857 crs | 55.82% |
| Net Profit | ₹87.3927 crs | ₹11.9234 crs | 632.95% |
| EPS | ₹15.54 | ₹2.12 | 633.02% |
Financial Results (Half Year Ended FY2022) - YoY Comparison
The company has reported total income of Rs.1219.1884 crores during the 6 Months period ended September 30, 2021 as compared to Rs.646.8975 crores during the 6 Months period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.147.4062 crores for the 6 Months period ended September 30, 2021 as against net profit / (loss) of Rs.2.7718 crores for the 6 Months period ended September 30, 2020.
The company has reported EPS of Rs.26.22 for the 6 Months period ended September 30, 2021 as compared to Rs.0.49 for the 6 Months period ended September 30, 2020.
| Financials | Half Year Ended FY2022 | Half Year Ended FY2021 | % Change |
| Total Income | ₹1219.1884 crs | ₹646.8975 crs | 88.47% |
| Net Profit | ₹147.4062 crs | ₹2.7718 crs | 5,218.07% |
| EPS | ₹26.22 | ₹0.49 | 5,251.02% |
Shares of Nitin Spinners Limited was last trading in BSE at Rs. 267.65 as compared to the previous close of Rs. 259.50. The total number of shares traded during the day was 41255 in over 720 trades.
The stock hit an intraday high of Rs. 272.05 and intraday low of 263.50. The net turnover during the day was Rs. 11076540.00.
