Nandan Denim Limited on Tuesday reported a 100.39% rise in its Q3 FY25 net sales at Rs 926.15 crore, up from the corresponding period’s Rs 462.18 crore. The denim company’s net profit, however, declined 17.3% to Rs 6.58 crore from the corresponding year’s Rs 7.96 crore.
Share prices for the company fell by 5.23% on Tuesday over Monday’s close or Rs 4.21, closing at Rs 3.99.
Earnings before interest, depreciation and amortisation (EBITDA) for Nandan dropped 8.42% to Rs 30.87 crore from the previous year’s Rs 33.71 crore. Its EPS decreased to Rs 0.05 from the previous year’s Rs 0.55.