Nitin Spinners Reports Strong Q4 Results with Record Profit and Sales Growth

Nitin Spinners, a small-cap player in the textile industry, has recently reported its financial results for the quarter ending December 2024. The company has demonstrated a positive trajectory in its financial performance, with notable improvements across several key metrics. The evaluation changes reflect a score adjustment to 13, up from 9 over the past three months.
The operating profit to interest ratio has reached a robust 5.67 times, marking the highest level in the last five quarters, indicating an enhanced ability to manage interest payments. Additionally, net sales have peaked at Rs 838.87 crore, showcasing a strong upward trend in sales performance. Profit Before Tax (PBT) has also hit a record high of Rs 59.23 crore, while Profit After Tax (PAT) stands at Rs 44.78 crore, both reflecting a consistent growth pattern over the same period. Furthermore, earnings per share (EPS) have reached Rs 7.96, highlighting increased profitability for shareholders.

However, it is worth noting that the Debtors Turnover Ratio has recorded its lowest point at 6.88 times in the last five half-yearly periods, suggesting a slowdown in the pace of settling debts.

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