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Nitin Spinners standalone net profit rises 35.88% in the September 2016 quarter

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Capital Market

Sales rise 8.66% to Rs 206.47 crore

Net profit of Nitin Spinners rose 35.88% to Rs 14.05 crore in the quarter ended September 2016 as against Rs 10.34 crore during the previous quarter ended September 2015. Sales rose 8.66% to Rs 206.47 crore in the quarter ended September 2016 as against Rs 190.02 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales206.47190.02 9 OPM %15.4918.33 -PBDT26.9826.01 4 PBT17.0116.01 6 NP14.0510.34 36

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First Published: Nov 08 2016 | 3:57 PM IST

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