Nitin Spinners standalone net profit declines 41.15% in the September 2017 quarter

Sales rise 37.77% to Rs 284.45 crore

Net profit of Nitin Spinners declined 41.15% to Rs 8.31 crore in the quarter ended September 2017 as against Rs 14.12 crore during the previous quarter ended September 2016. Sales rose 37.77% to Rs 284.45 crore in the quarter ended September 2017 as against Rs 206.47 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales284.45206.47 38 OPM %11.7715.35 -PBDT26.8827.09 -1 PBT12.6417.12 -26 NP8.3114.12 -41

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