Nitin Spinners Limited has informed the Exchange about Copy of Newspaper Publication
NITINSPIN · price
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Nitin Spinners has published its audited financial results for Q4 FY25 and the full year ended 31 March 2025 in Business Standard (English) and Dainik Bhaskar (Hindi), as required under SEBI's listing rules. For the full year, total income from operations grew to ₹3,309.25 crore from ₹2,907.86 crore in FY24, a rise of about 13.8%. Net profit after tax jumped to ₹175.43 crore from ₹131.52 crore, a strong 33.4% year-on-year increase. For Q4 alone, revenue rose to ₹842.14 crore and net profit climbed to ₹46.37 crore from ₹39.17 crore a year earlier. Earnings per share for the year stood at ₹31.21 (basic and diluted), up from ₹23.35 in FY24. The Board has recommended a dividend of ₹3.00 per equity share (30%) for FY25, subject to shareholder approval.
Strong double-digit revenue growth and a 33% jump in annual profit, along with a healthy 30% dividend, are positive signals for shareholders and likely to be viewed favourably by the market.