Nitin Spinners Limited has informed the Exchange that Record date for the purpose of Dividend is 30-Aug-2025.
NITINSPIN · price
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On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 4.3 pts less 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 has fixed 30 August 2025 as the record date to determine shareholders eligible for the dividend. The Board also approved unaudited Q1 FY26 results: revenue from operations stood at Rs. 793.31 crore, down about 1.2% from Rs. 802.97 crore in Q1 FY25. Net profit was Rs. 40.99 crore vs Rs. 42.12 crore last year (~2.7% decline), with EPS of Rs. 7.29 vs Rs. 7.49. Statutory auditor Kalani & Co LLP issued an unqualified limited review report. The 33rd AGM is scheduled for 6 September 2025, and four employees were designated as Senior Management Personnel following promotions.
The flat-to-lower Q1 numbers suggest mild margin pressure, but the dividend declaration and confirmed record date signal continued shareholder returns. Short-term stock reaction may be neutral-to-slightly-negative given the small profit dip, with focus shifting to the AGM and final dividend announcement.