Nitin Spinners net profit rises 8490.00% in the March 2014 quarter

Sales rise 4.29% to Rs 121.94 crore

Net profit of Nitin Spinners rose 8490.00% to Rs 8.59 crore in the quarter ended March 2014 as against Rs 0.10 crore during the previous quarter ended March 2013. Sales rose 4.29% to Rs 121.94 crore in the quarter ended March 2014 as against Rs 116.92 crore during the previous quarter ended March 2013.

For the full year,net profit rose 145.97% to Rs 34.78 crore in the year ended March 2014 as against Rs 14.14 crore during the previous year ended March 2013. Sales rose 9.48% to Rs 488.34 crore in the year ended March 2014 as against Rs 446.05 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales121.94116.92 4 488.34446.05 9 OPM %17.9423.21 -19.3219.76 - PBDT18.1320.90 -13 76.8260.22 28 PBT11.7514.93 -21 51.9535.72 45 NP8.590.10 8490 34.7814.14 146

Powered by Capital Market - Live News