Nitin Spinners Ltd. Results

H1FY25 & Q2FY25 Result Announced for Nitin Spinners Ltd.

Textiles company Nitin Spinners announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Total Revenue: Rs 822.52 crore compared to Rs 737.40 crore during Q2FY24, change 11.54% YoY. EBITDA: Rs 115.15 crore compared to Rs 81.98 crore during Q2FY24, change 40.46% YoY. PAT: Rs 42.16 crore compared to Rs 31.70 during Q2FY24, change 33.00% YoY. EBITDA Margin: 14% for Q2FY25. PAT Margin: 5.13% for Q2FY25. EPS: Rs 7.50 for Q2FY25 H1FY25 Financial Highlights: Total Revenue: Rs 1,625.49 crore compared to Rs 1,354.52 crore during H1FY24, change 20.00% YoY. EBITDA: Rs 233.95 crore compared to Rs 158.08 crore during H1FY24, change 47.99% YoY. PAT: Rs 84.28 crore compared to Rs 60.60 during H1FY24, change 39.08% YoY. EBITDA Margin: 14.39% for H1FY25. PAT Margin: 5.18% for H1FY25. EPS: Rs 14.99 for H1FY25 Dinesh Nolkha, Chairman and Managing Director, said: "Our strategic focus on value added segments, optimum utilization of expanded capacities and cost efficiencies, helped us achieving encouraging performance during the quarter despite global challenges. Looking ahead, we are optimistic about the upcoming quarters, with cotton prices at lower end. We are poised to sieze new opportunities in the sector and evaluating various options for growth.”

Q1FY25 Quarterly Result Announced for Nitin Spinners Ltd.

Textiles company Nitin Spinners announced Q1FY25 results: Revenue: Rs 802.9 crore, up by 30% YoY EBITDA: Rs 118.8 crore, up by 56% YoY PAT: Rs 42.1 crore, up by 46% YoY Commenting on the results, Dinesh Nolkha – Managing Director said, “The company has delivered stable performance during Q1FY25, driven by optimal asset utilization, an improved product mix, and cost efficiencies, despite ongoing geopolitical challenges. In the upcoming quarters, we aim to enhance our market position by focusing on value addition, cost efficiency and better capacity utilization. Looking forward, we are optimistic about the future demand landscape and are strategically concentrating on value-added segments to drive growth.”