Nitin Spinners Limited — Others, 11-08-2025: Shareholders meeting
11-08-2025 | 02:50 pm
11-08-2025 | 02:50 pm
Nitin Spinners reported strong financial results for the year, with revenue climbing to ₹ 3305.65 Crore and profit after tax increasing by 33% to ₹ 175.43 Crore. Exports saw a significant rise of nearly 24%. The company has proposed a final dividend of ₹ 3.00 per equity share. To fuel future growth and enhance value, a capital expenditure of ₹ 1120 Crore has been announced for capacity expansion and renewable power. The 33rd Annual General Meeting will be held via video conferencing on September 6, 2025, to adopt the financial results and ratify auditor appointments.
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