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Nahar Spinning Mills Sees Profit Soar 338%
5 Aug
Summary
- Net profit surged 337.84% to Rs 69.88 crore in June 2026 quarter.
- Sales increased by 17.92% to Rs 966.10 crore in the same period.
- Operating profit margin improved significantly from 7.07% to 13.16%.
Nahar Spinning Mills has announced its financial results for the quarter ended June 2026, showcasing a significant leap in profitability and sales.
The company's net profit experienced an extraordinary surge of 337.84%, climbing to Rs 69.88 crore compared to Rs 15.96 crore during the corresponding quarter of the previous year.
This substantial increase in earnings was accompanied by robust sales growth. Revenue rose by 17.92% to Rs 966.10 crore in the June 2026 quarter, up from Rs 819.28 crore in the June 2025 quarter.
Further analysis of the financial performance indicates a strong improvement in operational efficiency. The profit before depreciation and tax (PBDT) more than doubled, increasing by 165%, while profit before tax (PBT) saw a 339% rise. The operating profit margin (OPM) significantly improved, moving from 7.07% in the prior year to 13.16% in the reported quarter.
