Nitin Spinners Ltd Q1 FY2025 PAT climbs to Rs. 42.11 crores

Nitin Spinners Limited has reported Standalone financial results for the period ended June 30, 2024.

Financial Results (Q1 FY2025) - QoQ Comparison

The company has reported total income of Rs. 804.4014 crores during the period ended June 30, 2024 as compared to Rs. 801.3319 crores during the period ended March 31, 2024.

The company has posted net profit / (loss) of Rs. 42.1168 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs. 39.1737 crores for the period ended March 31, 2024.

The company has reported EPS of Rs. 7.49 for the period ended June 30, 2024 as compared to Rs. 6.97 for the period ended March 31, 2024.

Financials	Q1 FY2025	Q4 FY2024	% Change
Total Income	₹ 804.4014 crs	₹801.3319 crs	0.38%
Net Profit	₹42.1168 crs	₹39.1737 crs	7.51%
EPS	₹7.49	₹6.97	7.46%

Financial Results (Q1 FY2025) - YoY Comparison

The company has reported total income of Rs. 804.4014 crores during the period ended June 30, 2024 as compared to Rs.618.1254 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs.42.1168 crores for the period ended June 30, 2024 as against net profit / (loss) of Rs.28.8986 crores for the period ended June 30, 2023.

The company has reported EPS of Rs.7.49 for the period ended June 30, 2024 as compared to Rs.5.14 for the period ended June 30, 2023.

Financials	Q1 FY2025	Q1 FY2024	% Change
Total Income	₹ 804.4014 crs	₹618.1254 crs	30.14%
Net Profit	₹42.1168 crs	₹28.8986 crs	45.74%
EPS	₹7.49	₹5.14	45.72%

Shares of Nitin Spinners Limited was last trading in BSE at Rs. 386.80 as compared to the previous close of Rs. 406.50. The total number of shares traded during the day was 48743 in over 2322 trades.

The stock hit an intraday high of Rs. 416.00 and intraday low of 382.10. The net turnover during the day was Rs. 19359886.00.

Source : Equity Bulls

Keywords

NitinSpinners Q1FY25 FY2025 Q1FY2025 ResultUpdate