Nitin Spinners standalone quarterly net up 15.68%
Source: IRIS | 09 Feb, 2015, 01.20PM
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| Rating: NAN / 5 stars. |
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Nitin Spinners announced a steady growth in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 15.68% to Rs 104.99 million from Rs 90.76 million in the same quarter previous year. Net sales for the quarter rose 23.29% to Rs 1,601.00 million, compared with Rs 1,299 million for the prior year period. Earnings per share for the quarter stood at Rs 2.29, registering 15.66% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 1,601.00 | 1,298.53 | 23.29 | | Net Profit | 104.99 | 90.76 | 15.68 | | Basic EPS | 2.29 | 1.98 | 15.66 |
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