Nitin Spinners standalone net profit rises 300.86% in the December 2020 quarter

Sales rise 16.05% to Rs 466.79 crore

Net profit of Nitin Spinners rose 300.86% to Rs 23.25 crore in the quarter ended December 2020 as against Rs 5.80 crore during the previous quarter ended December 2019. Sales rose 16.05% to Rs 466.79 crore in the quarter ended December 2020 as against Rs 402.24 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales466.79402.24 16 OPM %15.8710.49 -PBDT58.8129.50 99 PBT35.898.20 338 NP23.255.80 301

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