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Nitin Spinners standalone net profit rises 1532.88% in the September 2020 quarter

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Capital Market

Sales rise 14.58% to Rs 426.89 crore

Net profit of Nitin Spinners rose 1532.88% to Rs 11.92 crore in the quarter ended September 2020 as against Rs 0.73 crore during the previous quarter ended September 2019. Sales rose 14.58% to Rs 426.89 crore in the quarter ended September 2020 as against Rs 372.56 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales426.89372.56 15 OPM %12.989.43 -PBDT40.8922.37 83 PBT18.041.04 1635 NP11.920.73 1533

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First Published: Oct 31 2020 | 3:35 PM IST

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