Nitin Spinners - Quarterly Results
6th Aug 2022

The sales surged to Rs. 7088.32 millions, up 28.03% for the June 2022 quarter as against Rs. 5536.43 millions during the corresponding quarter previous year.The Company has registered profit of Rs. 655.81  millions for the quarter ended June 2022, a growth of 9.28%  over Rs. 600.14 millions millions achieved in the corresponding quarter of last year.The company reported a degrowth in operating Profit to 1097.59 millions from 1288.31 millions.



(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 7088.32 5536.43 28.03 7088.32 5536.43 28.03 26923.17 16244.12 65.74
Other Income 8.20 2.23 267.71 8.20 2.23 267.71 18.40 18.99 -3.11
PBIDT 1097.59 1288.31 -14.80 1097.59 1288.31 -14.80 6534.57 2591.59 152.15
Interest 114.56 136.96 -16.36 114.56 136.96 -16.36 553.37 616.07 -10.18
PBDT 983.03 1151.35 -14.62 983.03 1151.35 -14.62 5935.76 1975.52 200.47
Depreciation 217.78 222.46 -2.10 217.78 222.46 -2.10 874.04 910.33 -3.99
PBT 765.25 928.89 -17.62 765.25 928.89 -17.62 5061.72 1065.19 375.19
TAX 109.44 328.75 -66.71 109.44 328.75 -66.71 1800.35 376.47 378.22
Deferred Tax -84.19 2.99 -2915.72 -84.19 2.99 -2915.72 122.91 376.47 -67.35
PAT 655.81 600.14 9.28 655.81 600.14 9.28 3261.37 688.72 373.54
Equity 562.20 562.20 0.00 562.20 562.20 0.00 562.20 562.20 0.00
PBIDTM(%) 15.48 23.27 -33.46 15.48 23.27 -33.46 24.27 15.95 52.13