Audited Financial Results for the Quarter and Year Ended 31.03.2026
NITINSPIN · price
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Nitin Spinners Limited reported audited financial results for FY2026 with revenue from operations growing to Rs 342.91 crore from Rs 321.39 crore in the previous year, representing approximately 6.7% year-on-year growth. Profit After Tax (PAT) improved to approximately Rs 20.96 crore compared to Rs 17.54 crore in FY2025, showing around 19.5% PAT growth. The Board recommended a dividend of Rs 3.00 per equity share (30% on face value of Rs 10). Statutory auditors Kalani & Co LLP issued an unmodified opinion on the financial statements, confirming compliance with accounting standards. The company also re-appointed M/s Vivek Laddha & Associates as Cost Auditors for FY2026-27.
The results show steady growth in both revenue and profitability, with clean audit opinion supporting financial transparency. The recommended dividend provides direct shareholder returns. The stock appears to be on a stable growth trajectory with no accounting red flags.