Nitin Spinners reports Profit after tax of Rs 428.56 Mln, in the March 2021 quarter

08 May 2021 Evaluate
The sales moved up 34.58% to Rs. 5115.83 millions for the March 2021 quarter as compared to Rs. 3801.28 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 557.70% to Rs. 428.56  millions  from Rs. 65.16 millions in previous same quarter.OP of the company witnessed a marginal growth to 1043.88 millions from 550.15 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202103 202003 % Var
Sales 5115.83 3801.28 34.58 16244.12 14380.61 12.96 16244.12 14380.61 12.96
Other Income 1.70 6.27 -72.89 19.00 21.28 -10.71 19.00 21.28 -10.71
PBIDT 1043.88 550.15 89.74 2591.59 1718.98 50.76 2591.59 1718.98 50.76
Interest 158.41 206.78 -23.39 616.07 555.57 10.89 616.07 555.57 10.89
PBDT 885.47 343.37 157.88 1975.52 1163.41 69.80 1975.52 1163.41 69.80
Depreciation 221.05 244.14 -9.46 910.33 806.96 12.81 910.33 806.96 12.81
PBT 664.42 99.23 569.58 1065.19 356.45 198.83 1065.19 356.45 198.83
TAX 235.86 34.07 592.28 376.47 118.28 218.29 376.47 118.28 218.29
Deferred Tax 235.86 34.07 592.28 376.47 122.70 206.82 376.47 122.70 206.82
PAT 428.56 65.16 557.70 688.72 238.17 189.17 688.72 238.17 189.17
Equity 562.20 562.20 0.00 562.20 562.20 0.00 562.20 562.20 0.00
PBIDTM(%) 20.40 14.47 40.99 15.95 11.95 33.47 15.95 11.95 33.47

Nitin Spinners Share Price

357.35 -0.40 (-0.11%)
26-Apr-2024 13:00 View Price Chart
Peers
Company Name CMP
Trident 39.93
Filatex India 63.68
Sutlej Textiles&Inds 59.35
Nahar Spinning Mills 288.60
Nitin Spinners 357.35
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