Stock Report

Nitin Spinners Ltd Q2 FY2025 PAT up at Rs. 42.16 crores



Posted On : 2024-11-07 22:15:33( TIMEZONE : IST )

Nitin Spinners Ltd Q2 FY2025 PAT up at Rs. 42.16 crores

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

Financial Results (Q2 FY2025) - QoQ Comparison

The company has reported total income of Rs. 823.1961 crores during the period ended September 30, 2024 as compared to Rs. 804.4014 crores during the period ended June 30, 2024.

The company has posted net profit / (loss) of Rs. 42.1620 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs. 42.1168 crores for the period ended June 30, 2024.

The company has reported EPS of Rs. 7.50 for the period ended September 30, 2024 as compared to Rs. 7.49 for the period ended June 30, 2024.

Financials Q2 FY2025 Q1 FY2025 % Change
Total Income ₹ 823.1961 crs ₹804.4014 crs Up Tick / Down Tick2.34%
Net Profit ₹42.1620 crs ₹42.1168 crs Up Tick / Down Tick0.11%
EPS ₹7.50 ₹7.49 Up Tick / Down Tick0.13%

Financial Results (Q2 FY2025) - YoY Comparison

The company has reported total income of Rs. 823.1961 crores during the period ended September 30, 2024 as compared to Rs.737.7206 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.42.1620 crores for the period ended September 30, 2024 as against net profit / (loss) of Rs.31.6986 crores for the period ended September 30, 2023.

The company has reported EPS of Rs.7.50 for the period ended September 30, 2024 as compared to Rs.5.64 for the period ended September 30, 2023.

Financials Q2 FY2025 Q2 FY2024 % Change
Total Income ₹ 823.1961 crs ₹737.7206 crs Up Tick / Down Tick11.59%
Net Profit ₹42.1620 crs ₹31.6986 crs Up Tick / Down Tick33.01%
EPS ₹7.50 ₹5.64 Up Tick / Down Tick32.98%

Financial Results (Half Year Ended FY2025) - YoY Comparison

The company has reported total income of Rs.1627.5975 crores during the 6 Months period ended September 30, 2024 as compared to Rs.1355.8460 crores during the 6 Months period ended September 30, 2023.

The company has posted net profit / (loss) of Rs.84.2788 crores for the 6 Months period ended September 30, 2024 as against net profit / (loss) of Rs.60.5972 crores for the 6 Months period ended September 30, 2023.

The company has reported EPS of Rs.14.99 for the 6 Months period ended September 30, 2024 as compared to Rs.10.78 for the 6 Months period ended September 30, 2023.

Financials Half Year Ended FY2025 Half Year Ended FY2024 % Change
Total Income ₹1627.5975 crs ₹1355.8460 crs Up Tick / Down Tick20.04%
Net Profit ₹84.2788 crs ₹60.5972 crs Up Tick / Down Tick39.08%
EPS ₹14.99 ₹10.78 Up Tick / Down Tick39.05%

Shares of Nitin Spinners Limited was last trading in BSE at Rs. 406.00 as compared to the previous close of Rs. 429.50. The total number of shares traded during the day was 31591 in over 1795 trades.

The stock hit an intraday high of Rs. 438.10 and intraday low of 396.00. The net turnover during the day was Rs. 12978013.00.

Source : Equity Bulls

Keywords

NitinSpinners Q2FY25 H1FY25 Q2FY2025 H1FY2025 ResultUpdate