Nitin Spinners standalone net profit rises 97.59% in the September 2018 quarter

Sales rise 9.44% to Rs 311.30 crore

Net profit of Nitin Spinners rose 97.59% to Rs 16.42 crore in the quarter ended September 2018 as against Rs 8.31 crore during the previous quarter ended September 2017. Sales rose 9.44% to Rs 311.30 crore in the quarter ended September 2018 as against Rs 284.45 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales311.30284.45 9 OPM %14.3511.77 -PBDT38.6126.88 44 PBT24.8712.64 97 NP16.428.31 98

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