Nitin Spinners Limited has informed the Exchange regarding Board meeting held on August 05, 2025.
NITINSPIN · price
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Awaiting price reaction for this filing.
Nitin Spinners' board met on August 5, 2025 and approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs 793.31 crore versus Rs 802.97 crore in the same quarter last year, a marginal decline of about 1.2%. Profit after tax came in at Rs 40.99 crore versus Rs 42.12 crore, down roughly 2.7% year-on-year, with EPS at Rs 7.29 (vs Rs 7.49). The statutory auditor Kalani & Co LLP issued a clean Limited Review Report with no qualifications. The 33rd Annual General Meeting has been scheduled for September 6, 2025. The company also promoted four employees to Senior Management Personnel roles, including two Vice Presidents in Engineering and one in Spinning, along with a new General Manager (HR). The trading window for insiders reopens on August 8, 2025.
Results are largely flat year-on-year with mild pressure on both top line and bottom line, suggesting stable but not expanding operations for shareholders. No negative auditor flags, no major red flags in the disclosures - overall a routine quarterly update with neutral near-term stock impact.