Textiles company Nitin Spinners announced Q2FY26 results Total Revenue: Rs 760.08 crore compared to Rs 822.52 crore during Q2FY25, change -7.59%. EBITDA: Rs 99.56 crore compared to Rs 115.15 crore during Q2FY25, change -13.54%. EBITDA Margin: 13.10% for Q2FY26. PBT: Rs 46.85 crore compared to Rs 56.98 crore during Q2FY25. PAT: Rs 34.78 crore compared to Rs 42.16 crore during Q2FY25, change -17.50%. PAT Margin: 4.58% for Q2FY26. EPS: Rs 6.19 for Q2FY26. Dinesh Nolkha, Chairman & Managing Director, said: “The first half of FY26 has been challenging for the industry, primarily due to elevated domestic cotton prices and ongoing uncertainties surrounding US tariffs. These factors have led to demand volatility and margin pressures in the industry. However, we remain confident of an improvement in the second half of the year, supported by the anticipated finalization of the U.S. trade deal, progress on key FTAs, and the temporary removal of import duties on cotton. Our capacity expansion plans are progressing well and are expected to drive growth while enabling us to capture higher-margin opportunities. Going forward, our strategic focus will remain on strengthening our product portfolio through product mix optimisation and diversification.” Result PDF
Textiles company Nitin Spinners announced Q1FY26 results Total Revenue: Rs 793.32 crore compared to Rs 802.97 crore during Q1FY25, change -1.20%. EBITDA: Rs 111.25 crore compared to Rs 118.80 crore during Q1FY25, change -6.36%. EBITDA Margin: 14.02% for Q1FY26. PBT: Rs 55.13 crore compared to Rs 56.92 crore during Q1FY25. PAT: Rs 40.99 crore compared to Rs 42.12 crore during Q1FY25, change -2.68%. PAT Margin: 5.17% for Q1FY26. EPS: Rs 7.29 for Q1FY26. Dinesh Nolkha, Chairman & Managing Director said: “We began FY26 on a steady note, utilizing our capacities at an optimum level. However, on export front, demand was marginally low, as customers have been temporarily cautious due to tariff-related concerns and geopolitical tensions. Going forward, we anticipate a healthy demand in the second half of the financial year with better clarity on strategic trade agreements and expected tariffs. With our clear focus on execution, quality, and strategic capacity expansion in value added segments, we remain confident in delivering sustained performance in the future.” Result PDF
Conference Call with Nitin Spinners Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Nitin Spinners announced Q3FY25 results Q3FY25 Financial Highlights: Total Revenue: Rs 838.87 crore Up 11.7% YoY. EBITDA: Rs 117.16 crore Up 14.0% YoY. PAT: Rs 44.78 crore Up 41.0% YoY. Dinesh Nolkha, Chairman and Managing Director, said: “The performance for Q3FY25 and 9MFY25 has been stable, with improved demand across our product segments. This gives us confidence in sustaining growth and creating value across our operations. Our strategic initiatives are delivering results, and we see significant opportunities for further expansion. As part of our growth strategy, we are announcing capital expenditure across the existing verticals to further enhance our capabilities and widen our product offerings. With momentum building in key areas, we remain focused on improving efficiencies and value additions to drive long-term growth and profitability." Result PDF
Textiles company Nitin Spinners announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Total Revenue: Rs 822.52 crore compared to Rs 737.40 crore during Q2FY24, change 11.54% YoY. EBITDA: Rs 115.15 crore compared to Rs 81.98 crore during Q2FY24, change 40.46% YoY. PAT: Rs 42.16 crore compared to Rs 31.70 during Q2FY24, change 33.00% YoY. EBITDA Margin: 14% for Q2FY25. PAT Margin: 5.13% for Q2FY25. EPS: Rs 7.50 for Q2FY25 H1FY25 Financial Highlights: Total Revenue: Rs 1,625.49 crore compared to Rs 1,354.52 crore during H1FY24, change 20.00% YoY. EBITDA: Rs 233.95 crore compared to Rs 158.08 crore during H1FY24, change 47.99% YoY. PAT: Rs 84.28 crore compared to Rs 60.60 during H1FY24, change 39.08% YoY. EBITDA Margin: 14.39% for H1FY25. PAT Margin: 5.18% for H1FY25. EPS: Rs 14.99 for H1FY25 Dinesh Nolkha, Chairman and Managing Director, said: "Our strategic focus on value added segments, optimum utilization of expanded capacities and cost efficiencies, helped us achieving encouraging performance during the quarter despite global challenges. Looking ahead, we are optimistic about the upcoming quarters, with cotton prices at lower end. We are poised to sieze new opportunities in the sector and evaluating various options for growth.” Result PDF
Conference Call with Nitin Spinners Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Textiles company Nitin Spinners announced Q1FY25 results: Revenue: Rs 802.9 crore, up by 30% YoY EBITDA: Rs 118.8 crore, up by 56% YoY PAT: Rs 42.1 crore, up by 46% YoY Commenting on the results, Dinesh Nolkha – Managing Director said, “The company has delivered stable performance during Q1FY25, driven by optimal asset utilization, an improved product mix, and cost efficiencies, despite ongoing geopolitical challenges. In the upcoming quarters, we aim to enhance our market position by focusing on value addition, cost efficiency and better capacity utilization. Looking forward, we are optimistic about the future demand landscape and are strategically concentrating on value-added segments to drive growth.” Result PDF
Conference Call with Nitin Spinners Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.