'
Nitin Spinners hosted a conference call on November
08, 2024. In the conference call, the company was represented by Mr Dinesh
Nolkha –managing Director and Mr P Maheshwari –CFO.
Key
takeaways of the call
The
company had a stable performance in the quarter on account of improved
utilization of assets. Realizations impacted marginally due to volatile cotton
prices.
Q2FY2025
Revenue for the quarter stood at Rs 822.52
crore as against Rs 737.4 crore in Q2FY2024 up 11.5% YoY.
Due to focus on value added products
company achieved higher exports of Rs 522.4 crore.
EBITDA for the quarter stood at Rs 115.15
crore as against Rs 81.98 crore in Q2FY2024.
EBITDA margin stood at 14.0% as against
11.12% in Q2FY2024.
PAT stood at Rs 42.16 cr as against Rs 31.7
crore in Q2FY2024.
H1FY2025
Revenue stood at Rs 1625.49 crore in
H1FY2025 up 20% ...
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