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Nitin Spinners standalone net profit declines 30.27% in the June 2019 quarter

Capital Market 

Sales decline 5.65% to Rs 283.13 crore

Net profit of Nitin Spinners declined 30.27% to Rs 10.76 crore in the quarter ended June 2019 as against Rs 15.43 crore during the previous quarter ended June 2018. Sales declined 5.65% to Rs 283.13 crore in the quarter ended June 2019 as against Rs 300.07 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales283.13300.07 -6 OPM %13.4314.68 -PBDT30.1237.49 -20 PBT16.4723.88 -31 NP10.7615.43 -30

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 10 2019. 15:44 IST
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