Nitin Spinners Q2 FY27: revenue up 29.6% to ₹985 Cr, net profit up 154.8% to ₹89 Cr
Results · Finvezto · 2 Nov 2026 · Nitin Spinners (NITINSPIN)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 985 | - | +29.6% |
| Operating profit | 176 | - | +76.3% |
| Net profit | 89 | - | +154.8% |
| Operating margin | 17.8% | - | +4.7 pp |
| Net margin | 9.0% | - | +4.4 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- Total revenue for Q2 FY27 grew 29.6% year-on-year to INR 985.2 crores, while profit after tax increased 155% to INR 88.7 crores with an EBITDA margin of 17.8%. Earnings call
- Exports accounted for 68% of total revenue during the quarter, with spinning capacity utilization exceeding 98% and woven fabric capacity utilization at about 90%. Earnings call
- Commercial production across all segments of the expansion projects and the 95 MW renewable energy project are scheduled to commence by the end of December 2026. Earnings call
What to watch
- Management on expansion commercial production: Commercial production in all the divisions is expected to commence by the end of December '26 as planned.
- Management on renewable energy commissioning: On renewable project investments, are progressing per schedule and expected to get operational by end of December '26.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.