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Nitin Spinners standalone net profit rises 3.74% in the June 2016 quarter

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Capital Market

Sales decline 1.39% to Rs 193.53 crore

Net profit of Nitin Spinners rose 3.74% to Rs 12.22 crore in the quarter ended June 2016 as against Rs 11.78 crore during the previous quarter ended June 2015. Sales declined 1.39% to Rs 193.53 crore in the quarter ended June 2016 as against Rs 196.26 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales193.53196.26 -1 OPM %15.9719.27 -PBDT25.0928.10 -11 PBT15.2418.22 -16 NP12.2211.78 4

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First Published: Aug 06 2016 | 3:55 PM IST

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