Nitin Spinners standalone net profit declines 59.69% in the December 2019 quarter

Sales rise 26.53% to Rs 402.24 crore
Net profit of Nitin Spinners declined 59.69% to Rs 5.80 crore in the quarter ended December 2019 as against Rs 14.39 crore during the previous quarter ended December 2018. Sales rose 26.53% to Rs 402.24 crore in the quarter ended December 2019 as against Rs 317.90 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales402.24317.90 27 OPM %10.4913.39 -PBDT29.5036.21 -19 PBT8.2022.43 -63 NP5.8014.39 -60Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 07 2020 | 3:22 PM IST
