resulting into a total of 63 machines and a production capacity of 9000TPA. Relative Capital Market Strength NSL has a domestic as well as international clientele which include companies such...

Revenue: Nitin Spinner sales increased 48.4% YoY Rs 2.8 bn. The utilisation levels continue to remain high at 94-95% in yarns and 85% in fabrics. Sales growth would have been much higher if the business sentiments would not have been impacted due to GST. EBITDA: Raw material cost increased at a much higher rate due to increase in the cotton prices on an YoY basis, manufacturing and employee cost increased 42% and 28% YoY. EBITDA stood at Rs 413 mn with an increase of 33.7% on YoY basis. PAT: Depreciation cost increased due to impact of full commissioning of new plant capacity. Tax rate...