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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Awaiting price reaction for this filing.
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.