Nahar Spinning Mills delivered remarkable financial performance in the quarter ended June 2026, with standalone net profit surging 337.84% to ₹69.88 crore compared to ₹15.96 crore in the corresponding quarter of the previous year. According to reports from Business Standard, this represents one of the most significant profit growths in the textile sector during the recent quarter.
The company's sales revenue increased 17.92% to ₹966.10 crore in Q1 FY2026, up from ₹819.28 crore in the same period last year. As reported by Business Standard, this revenue growth demonstrates the company's ability to expand its market presence and operational scale during the quarter. However, recent quarterly data shows the company experienced revenue contraction of 2.59% for the first time in three years, indicating some sequential challenges despite strong annual performance.
The company's operating profit margin (OPM) improved to 13.16% in the June 2026 quarter, compared to 7.07% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this margin expansion indicates enhanced operational efficiency and better cost management during the quarter. The company also achieved EBIT of ₹41.91 crore with a margin of 4.54% in the latest quarter, showing strong operational performance.
Profit Before Depreciation and Tax (PBDT) rose 165% to ₹117.90 crore from ₹44.44 crore in the previous year's quarter. As reported by Business Standard, Profit Before Tax (PBT) increased 339% to ₹93.40 crore from ₹21.28 crore in the corresponding quarter of the previous year, demonstrating strong operational performance across all profitability metrics. The company's net profit margin stands at 2.54% in the latest quarter, reflecting improved bottom-line efficiency.
Nahar Spinning Mills shares are trading at ₹328.95 as of August 5, 2026, representing a 1.63% increase from the previous close of ₹323.70. The stock has shown volatility with a 52-week high of ₹332.50 and a 52-week low of ₹149.20. The company maintains a market capitalization of ₹1,186.37 crore and operates in the branded hosiery/knitwear segment. Recent quarterly data shows the company witnessed quarter-on-quarter revenue growth of 30.54%, which represents the highest growth in the last three years, indicating strong sequential momentum despite annual revenue challenges.
