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Nitin Spinners standalone net profit rises 3.50% in the June 2017 quarter

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Capital Market

Sales rise 48.43% to Rs 287.25 crore

Net profit of Nitin Spinners rose 3.50% to Rs 12.73 crore in the quarter ended June 2017 as against Rs 12.30 crore during the previous quarter ended June 2016. Sales rose 48.43% to Rs 287.25 crore in the quarter ended June 2017 as against Rs 193.53 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales287.25193.53 48 OPM %14.3915.96 -PBDT33.4325.21 33 PBT19.3015.36 26 NP12.7312.30 3

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First Published: Aug 05 2017 | 5:01 PM IST

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