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Share the post "Nitin Spinners ‘s Q3 2024-25 Latest News: Revenue Rises by 11.79% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 11.79 % in the past year, substantial increase in net sales/revenue by 1.99 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 117.57 %. Marginal decrease of -4.45% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Nitin Spinners Limited. Notable increase of 41.05 % in net profit Year to Year, Nitin Spinners Limited’s profitability increased by 6.21 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 40.88 % Year to Year. EPS increased by 6.13 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 750.425 Cr | Rs. 822.522 Cr | Rs. 838.871 Cr | + 1.99 % | + 11.79 % |
| Expenses | Rs. 647.69 Cr | Rs. 707.38 Cr | Rs. 721.72 Cr | + 2.03 % | + 11.43 % |
| Operating Profit | Rs. 102.74 Cr | Rs. 115.14 Cr | Rs. 117.15 Cr | + 1.75 % | + 14.03 % |
| OPM % | 13.69 % | 14 % | 13.97 % | -0.03 % | + 0.28 % |
| Other Income | Rs. 0.296 Cr | Rs. 0.674 Cr | Rs. 0.644 Cr | -4.45 % | + 117.57 % |
| Interest | Rs. 25.16 Cr | Rs. 21.74 Cr | Rs. 20.66 Cr | -4.97 % | -17.89 % |
| Depreciation | Rs. 34.78 Cr | Rs. 37.1 Cr | Rs. 37.27 Cr | + 0.46 % | + 7.16 % |
| Profit before tax | Rs. 43.1 Cr | Rs. 56.97 Cr | Rs. 59.86 Cr | + 5.07 % | + 38.89 % |
| Tax % | 26.32 % | 26.01 % | 25.21 % | -0.8 % | -1.11 % |
| Net Profit | Rs. 31.75 Cr | Rs. 42.16 Cr | Rs. 44.78 Cr | + 6.21 % | + 41.04 % |
| EPS in Rs | Rs. 5.65 | Rs. 7.5 | Rs. 7.96 | + 6.13 % | + 40.88 % |
Today, we’re looking at Nitin Spinners Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 11.79 %. However, it did see a marginal increase of 1.99 % from the previous quarter. Expenses ticked up slightly by 2.03 % quarter-on-quarter, aligning with the annual rise of 11.43 %. Operating profit, while up 14.03 % compared to last year, faced a quarter-on-quarter increase of 1.75 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.28 %, but a shrinkage of -0.03 % sequentially. Other income fell by -4.45 % compared to the last quarter, despite an annual growth of 117.57 %. Interest expenses dropped significantly by -4.97 % from the previous quarter, yet the year-over-year decrease remains at a moderate -17.89 %. Depreciation costs climbed by 0.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.16 %. Profit before tax grew annually by 38.89 % but saw an increase from the preceding quarter by 5.07 %.
Tax expenses as a percentage of profits decreased slightly by -1.11 % compared to last year, with a more notable quarter-on-quarter decrease of -0.8 %. Net profit rose by 41.04 % year-on-year but experienced a 6.21 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 40.88 % but a quarterly rise of 6.13 %. In summary, Nitin Spinners Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 750.425 Cr | Rs. 822.522 Cr | Rs. 838.871 Cr | + 1.99 % | + 11.79 % |
| Expenses | Rs. 647.69 Cr | Rs. 707.38 Cr | Rs. 721.72 Cr | + 2.03 % | + 11.43 % |
| Operating Profit | Rs. 102.74 Cr | Rs. 115.14 Cr | Rs. 117.15 Cr | + 1.75 % | + 14.03 % |
| Net Profit | Rs. 31.75 Cr | Rs. 42.16 Cr | Rs. 44.78 Cr | + 6.21 % | + 41.04 % |
| EPS in Rs | Rs. 5.65 | Rs. 7.5 | Rs. 7.96 | + 6.13 % | + 40.88 % |
In reviewing Nitin Spinners Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.79 % year-on-year growth, however, there was a minor increase of 1.99 % from the previous quarter. Expenses rose by 11.43 % compared to the previous year, with a 2.03 % increase quarter-on-quarter. Operating Profit surged by 14.03 % annually, and saw a 1.75 % increase from the last quarter.
Net Profit showed yearly increase of 41.04 %, and experienced a 6.21 % increase from the previous quarter. Earnings Per Share (EPS) rose by 40.88 % annually, however rose by 6.13 % compared to the last quarter. In essence, while Nitin Spinners Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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