India Equity: Nitin_Spinners (#NITINSPIN) declares Quarterly Results. EPS = Rs 16.59 for quarter ended Dec 2021

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NITINSPIN has declared results for the period ended Dec 2021.

Quarterly Results

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  • Sales for period ended Dec 2021 is Rs 705.0 cr compared to Rs 467.0 cr for period ended Dec 2020, a rise of 51.0%
  • Operating Profits reported at Rs 178.0 cr for period ended Dec 2021 vis-vis 74.0 for period ended Dec 2020 .
  • Operating Margins expanded 940.2 bps for period ended Dec 2021 vis-vis Dec 2020 .
  • The EPS for Dec 2021 was Rs 16.59 compared to Rs 15.54 for previous quarter ended Sep 2021 and Rs 4.14 for Dec 2020
  • The stock is trading at Rs 312 and a market cap of Rs 1754 cr

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Trading Chart


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