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Nitin Spinners Ltd Quarterly Result Analysis : Q3 FY23

Quarter on Quarter : 31 Dec 2022 Vs 30 Sep 2022 

Year on Year :  31 Dec 2022 Vs 31 Dec 2021 

Total Income : 

6.07 % Up quarter on quarter 

23.80 % Down Year on Year  


Gross Profit : 

11.53 % Up quarter on quarter 

44.96 % Down Year on Year 

Total Income is increased in Quarter on Quarter by 6.07% and decreased 23.80% year on year. Gross profits increased in Quarter on Quarter but if we see year on year it is dropped significantly. 

Lets observe the COGS (Cost of Good sold) which is increased by 3.56% in Quarter on Quarter and if we see it Year on Year, it is reduced by 5.83%. 


EBITDA : 

4.41 % Up quarter on quarter 

66.16 % Down Year on Year   


Net Profit : 

8.48 % Up quarter on quarter 

66.14 % Down Year on Year   


Cost of material as % of sales 

1.62 % Down quarter on quarter 

12.76 %  Up Year on Year  


Result Overview 




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