Nitin Spinners’ profit in Q1 FY2021-22 surged to Rs 60.01 crore for the period ended June 30, 2021 as against loss of Rs 42,85crore in the period ended March 21,2021.

As per Equity Bulls, the company reported total income of Rs.553.86 crore during the period ended June 30, 2021 as compared to Rs.511.75 crore during the period ended March 31, 2021. It reported EPS of Rs.10.67 for the period ended June 30, 2021 as compared to Rs.7.62 for the period ended March 31, 2021.

The company posted net profit of Rs.60.01 crore for the period ended June 30, 2021 as against net profit of Rs.9.15crores for the period ended June 30, 2020.

The company reported total income of Rs.553.86 crore during the period ended June 30, 2021 as compared to Rs.219.91 crore during the period ended June 30, 2020.

It reported EPS of Rs.10.67 for the period ended June 30, 2021 as compared to Rs.(1.63) for the period ended June 30, 2020.