Nitin Spinners revenue falls 1% despite high capacity utilization

Nitin Spinners reported Q1 FY26 revenue of INR793 crores, down 1% year-on-year, with EBITDA at INR111 crores (14.02% margin) and profit after tax of INR41 crores. The company operates spinning capacity at over 96% utilization, with weaving and finishing divisions above 90%.

The company plans to compensate export demand shifts with domestic sales and expects incremental revenue of INR1,000 crores from its fabric business expansion.