Nitin Castings Ltd Share Price – BSE

Castings, Forgings & Fastners, Small Cap

Nitin Castings announced that the Board of Directors of the Company at its meeting held on 22 May 2024, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

Powered by Capital Market - Live News

Net profit of Nitin Castings rose 234.78% to Rs 2.31 crore in the quarter ended March 2024 as against Rs 0.69 crore during the previous quarter ended March 2023. Sales rose 30.94% to Rs 39.15 crore in the quarter ended March 2024 as against Rs 29.90 crore during the previous quarter ended March 2023.

For the full year,net profit rose 148.06% to Rs 12.13 crore in the year ended March 2024 as against Rs 4.89 crore during the previous year ended March 2023. Sales rose 11.52% to Rs 148.75 crore in the year ended March 2024 as against Rs 133.38 crore during the previous year ended March 2023.

Powered by Capital Market - Live News

Nitin Castings will hold a meeting of the Board of Directors of the Company on 22 May 2024

Powered by Capital Market - Live News

Net profit of Nitin Castings rose 25.00% to Rs 3.00 crore in the quarter ended December 2023 as against Rs 2.40 crore during the previous quarter ended December 2022. Sales declined 3.52% to Rs 33.71 crore in the quarter ended December 2023 as against Rs 34.94 crore during the previous quarter ended December 2022.

Powered by Capital Market - Live News