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Nitin Spinners standalone net profit declines 14.14% in the December 2018 quarter

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Capital Market

Sales rise 10.73% to Rs 317.90 crore

Net profit of Nitin Spinners declined 14.14% to Rs 14.39 crore in the quarter ended December 2018 as against Rs 16.76 crore during the previous quarter ended December 2017. Sales rose 10.73% to Rs 317.90 crore in the quarter ended December 2018 as against Rs 287.10 crore during the previous quarter ended December 2017. ParticularsQuarter EndedDec. 2018Dec. 2017% Var.Sales317.90287.10 11 OPM %13.3913.28 -PBDT36.2131.90 14 PBT22.4317.65 27 NP14.3916.76 -14

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First Published: Feb 09 2019 | 4:55 PM IST

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