Nitin Spinners Limited has informed the Exchange that Board of Directors at its meeting held on August 05, 2025, recommended Final Dividend of 3 per equity share.
NITINSPIN · price
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On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 0.7 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nitin Spinners Limited's Board, at its meeting on August 5, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations came in at Rs. 79,331.32 lacs, marginally lower than Rs. 80,296.67 lacs in the same quarter last year. Profit after tax stood at Rs. 4,098.63 lacs (vs Rs. 4,211.68 lacs in Q1 FY25), with EPS of Rs. 7.29. The Board recommended a final dividend of Rs. 3 per equity share, subject to shareholder approval at the 33rd AGM scheduled for September 6, 2025. Other income jumped sharply to Rs. 777.94 lacs (from Rs. 143.47 lacs a year ago). Four employees were also designated as Senior Management Personnel following promotions.
Q1 results are largely flat year-on-year with a slight dip in core revenue and bottomline, though other income provided a cushion. The Rs. 3 final dividend is a routine reward for shareholders, and the leadership promotions signal internal continuity rather than any strategic shift.