Nitin Spinners Limited announced its audited financial results for the quarter and year ended March 31, 2026, during its board meeting held on May 8, 2026. The company reported a robust performance with revenue from operations reaching ₹859.79 Crores for the current quarter, representing a 7.38% increase from the previous quarter’s ₹800.68 Crores and a 2.20% growth compared to ₹841.29 Crores in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹57.36 Crores, a significant sequential jump of 29.16% from ₹44.41 Crores and a 23.70% year-on-year increase from ₹46.37 Crores. Furthermore, the board recommended a dividend of 30%, amounting to ₹3.00 per equity share for the financial year.

Established in 1992 and headquartered in Bhilwara, Rajasthan, Nitin Spinners is a leading Indian manufacturer of cotton yarn, knitted fabrics, and finished woven fabrics. The company operates a vertically integrated production model, specializing in high-quality cotton and blended yarns for global textile brands. Throughout 2025, the company focused on expanding its value-added product portfolio and enhancing operational efficiencies, achieving its highest-ever annual revenue in FY25 despite global supply chain challenges. Significant recent updates include a substantial capital expenditure plan of approximately ₹1,100 Crores approved in 2025 to increase spinning and weaving capacities and expand its renewable power footprint. The company’s growth is supported by institutional investors, including prominent entities such as Bandhan Small Cap Fund and Quant Small Cap Fund, which maintained significant holdings as of 2025.