Nitin Spinners standalone net profit declines 95.55% in the September 2019 quarter

Sales rise 19.68% to Rs 372.56 crore

Net profit of Nitin Spinners declined 95.55% to Rs 0.73 crore in the quarter ended September 2019 as against Rs 16.42 crore during the previous quarter ended September 2018. Sales rose 19.68% to Rs 372.56 crore in the quarter ended September 2019 as against Rs 311.30 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales372.56311.30 20 OPM %9.4314.35 -PBDT22.3738.61 -42 PBT1.0424.87 -96 NP0.7316.42 -96

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