Net profit of Nitin Spinners rose 1.63% to Rs 39.17 crore in the quarter ended March 2024 as against Rs 38.54 crore during the previous quarter ended March 2023. Sales rose 22.28% to Rs 800.71 crore in the quarter ended March 2024 as against Rs 654.80 crore during the previous quarter ended March 2023.
For the full year,net profit declined 20.20% to Rs 131.52 crore in the year ended March 2024 as against Rs 164.81 crore during the previous year ended March 2023. Sales rose 20.73% to Rs 2905.65 crore in the year ended March 2024 as against Rs 2406.71 crore during the previous year ended March 2023.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2024 | Mar. 2023 | % Var. | Mar. 2024 | Mar. 2023 | % Var. |
| Sales | 800.71 | 654.80 | 22 | 2905.65 | 2406.71 | 21 |
| OPM % | 14.52 | 10.84 | - | 12.98 | 12.34 | - |
| PBDT | 89.02 | 62.04 | 43 | 296.00 | 262.68 | 13 |
| PBT | 52.77 | 40.74 | 30 | 177.53 | 175.87 | 1 |
| NP | 39.17 | 38.54 | 2 | 131.52 | 164.81 | -20 |