Nitin Fire Protection Industries’ Performance Analyzed

Nitin Fire Protection Industries had a really strong quarter! Sales jumped by a huge 72% – that’s Rs 5.54 crore compared to just Rs 3.23 crore the previous quarter. This big increase in sales directly led to a profit of Rs 7.24 crore, a significant improvement from the previous loss of Rs 2.46 crore.

• Sales soared 72% to Rs 5.54 crore.
• Net profit reached Rs 7.24 crore, a recovery.
• Previous loss of Rs 2.46 crore reversed dramatically.
• Operating profit margin improved substantially to -24.19%.
• Profit Before Tax (PBDT) increased to Rs 7.33 crore.
• Net Profit (NP) climbed to Rs 7.24 crore.

Understanding the Numbers

Let’s break down what these numbers mean. The biggest change is the profit. The company was losing money, but now it’s making a profit. This was mainly because they sold a lot more of their fire protection products. The operating profit margin, though negative (-24.19%), shows they are managing costs effectively despite the increased sales.

Key Financial Data

Here’s a quick look at the important figures:

• Sales: Rs 5.54 crore
• Previous Sales: Rs 3.23 crore
• Change in Sales: +72%
• Net Profit: Rs 7.24 crore
• Previous Net Profit: Rs 2.46 crore
• Change in Net Profit: +Rs 4.78 crore

What This Means for the Future

This performance suggests that the company is seeing increased demand for its fire protection products. However, the negative operating profit margin requires careful attention to costs. Monitoring expenses and maximizing revenue will be crucial for continued success.

Strong financial results indicate a positive trajectory for Nitin Fire Protection Industries.