2025-04-01 02:31:42
Latest Post
Infosys and Linux Foundation Networking Collaborate to Strengthen Responsible AI for Global Networks
ITC announces strategic acquisition of Pulp & Paper Undertaking of Aditya Birla Real Estate Limited
AGI Greenpac Ltd approves ~ Rs. 700 crore capex
NHPC Ltd updates on 300 MW Bikaner Solar Power Project
Prashant India Ltd enters into agreement for sale with Shantilon Poly Pvt Ltd
Stock Report
Nitin Spinners Ltd Q3 FY2023 PAT up QoQ at Rs. 31.58 crores
Posted On : 2023-02-02 15:09:35( TIMEZONE : IST )
Nitin Spinners Limited has reported Standalone financial results for the period ended December 31, 2022.
Financial Results (Q3 FY2023) - QoQ Comparison
The company has reported total income of Rs. 537.4878 crores during the period ended December 31, 2022 as compared to Rs. 506.7180 crores during the period ended September 30, 2022.
The company has posted net profit / (loss) of Rs. 31.5824 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 29.1124 crores for the period ended September 30, 2022.
The company has reported EPS of Rs. 5.62 for the period ended December 31, 2022 as compared to Rs. 5.18 for the period ended September 30, 2022.
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹537.4878 crs | ₹506.7180 crs |  6.07% |
| Net Profit | ₹31.5824 crs | ₹29.1124 crs | 8.48% |
| EPS | ₹5.62 | ₹5.18 | 8.49% |
Financial Results (Q3 FY2023) - YoY Comparison
The company has reported total income of Rs.537.4878 crores during the period ended December 31, 2022 as compared to Rs.705.3841 crores during the period ended December 31, 2021.
The company has posted net profit / (loss) of Rs.31.5824 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.93.2608 crores for the period ended December 31, 2021.
The company has reported EPS of Rs.5.62 for the period ended December 31, 2022 as compared to Rs.16.59 for the period ended December 31, 2021.
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹537.4878 crs | ₹705.3841 crs |  -23.80% |
| Net Profit | ₹31.5824 crs | ₹93.2608 crs | -66.14% |
| EPS | ₹5.62 | ₹16.59 | -66.12% |
Financial Results (9 Months Ended FY2023) - YoY Comparison
The company has reported total income of Rs.1753.8573 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1924.5725 crores during the 9 Months period ended December 31, 2021.
The company has posted net profit / (loss) of Rs.126.2748 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.240.6670 crores for the 9 Months period ended December 31, 2021.
The company has reported EPS of Rs.22.46 for the 9 Months period ended December 31, 2022 as compared to Rs.42.81 for the 9 Months period ended December 31, 2021.
| Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
| Total Income | ₹1753.8573 crs | ₹1924.5725 crs | -8.87% |
| Net Profit | ₹126.2748 crs | ₹240.6670 crs | -47.53% |
| EPS | ₹22.46 | ₹42.81 | -47.54% |
Shares of Nitin Spinners Limited was last trading in BSE at Rs. 206.10 as compared to the previous close of Rs. 204.60. The total number of shares traded during the day was 15663 in over 759 trades.
The stock hit an intraday high of Rs. 211.00 and intraday low of 203.00. The net turnover during the day was Rs. 3233278.00.
