Nitin Spinners Ltd Share Price – NSE  / BSE

Textiles, Small Cap

Nitin Spinners has received revision in credit ratings from CARE as under:

Long term bank facilities - CARE A+; Stable (upgraded)
Short term bank facilities - CARE A1 (reaffirmed)

Net profit of Nitin Spinners rose 23.70% to Rs 57.36 crore in the quarter ended March 2026 as against Rs 46.37 crore during the previous quarter ended March 2025. Sales rose 2.20% to Rs 859.79 crore in the quarter ended March 2026 as against Rs 841.29 crore during the previous quarter ended March 2025.

For the full year,net profit rose 1.21% to Rs 177.55 crore in the year ended March 2026 as against Rs 175.43 crore during the previous year ended March 2025. Sales declined 2.78% to Rs 3213.87 crore in the year ended March 2026 as against Rs 3305.65 crore during the previous year ended March 2025.

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Nitin Spinners announced that the Board of Directors of the Company at its meeting held on 8 May 2026, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 8 May 2026.