{"id":144356,"date":"2025-02-04T16:53:06","date_gmt":"2025-02-04T11:23:06","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144356"},"modified":"2025-02-04T16:53:09","modified_gmt":"2025-02-04T11:23:09","slug":"textile-stock-jumps-12-after-reporting-profit-against-loss-of-15-20-cr-in-q3","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/textile-stock-jumps-12-after-reporting-profit-against-loss-of-15-20-cr-in-q3\/","title":{"rendered":"Textile stock jumps 12% after reporting profit against loss of \u20b915.20 Cr in Q3"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2829541045\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Small-cap textile stock Jumped up to 12 % after posting their Q3 results and reporting a turnaround, with a&nbsp; \u20b90.75 Cr profit from a loss in the previous year.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2133749342\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price Movement<\/strong><\/h2><p>With a market capitalization of \u20b9834 Crore, the stock of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/NAHARSPING\" target=\"_blank\" rel=\"noreferrer noopener\">Nahar Spinning Mills<\/a><\/strong> opened at \u20b9221 same price as yesterday\u2019s close, and after opening, it made an intraday high of \u20b9248 up 12 %.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Q3FY25 Results<\/strong><\/h2><p>The company reported a&nbsp; 7.13 % YoY increase in revenue from \u20b9758 Cr in Q3FY24 to \u20b9812 Cr in Q3FY25. On a QoQ basis, the company reported an increase of 4.64 % in revenue from \u20b9776 Cr in the previous quarter.<\/p><p>The company reported a profit of&nbsp; \u20b90.75 Cr in Q3FY25 compared to a loss of&nbsp; \u20b915.20 Cr in Q3FY24 last year. On a QoQ basis, also the company reported a loss of&nbsp; \u20b917.45 Cr in the last quarter.<\/p><div class=\"trade-content_5\" id=\"trade-4237157030\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Operating Profit&nbsp; Margin stood at 4.97 % for Q3FY25 compared to 2.51 % for Q3FY24. Net profit margin was 0.09% compared to -2.01% for the same period.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Budget 2025: Textile Sector<\/strong><\/h2><p>In Budget 2025, the textile sector was allocated 5,272 Cr an increase of 19% from last year. To address the challenges of stagnant cotton productivity, the announcement of a 5-year cotton mission was announced to increase cotton productivity, especially extra-long staple varieties.<\/p><p>To promote domestic production of technical textile products such as agro-textiles, medical textiles, and geotextiles at competitive prices, two more types of shuttle-less looms were added to the list of fully exempted textile machinery.<\/p><p>Textile stocks shot up to 10% after the announcements were made for the sector&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Nahar Spinning Mills Ltd. is an Indian textile company primarily engaged in manufacturing cotton and blended yarn, fabrics, and home textiles. Part of the Nahar Group, it operates modern spinning mills and exports its products globally, with a focus on quality and sustainable practices.<\/p><p><strong>Written By Abhishek Das<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2197504305\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-3302058861\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Small-cap textile stock Jumped up to 12 % after posting their Q3 results and reporting a turnaround, with a&nbsp; \u20b90.75 Cr profit from a loss in the previous year. Share Price Movement With a market capitalization of \u20b9834 Crore, the stock of Nahar Spinning Mills opened at \u20b9221 same price as yesterday\u2019s close, and after [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":130745,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[26827,26830,26828,26829,948,936,3157,17446],"class_list":["post-144356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-nahar-spinning-mills","tag-nahar-spinning-mills-latest-news","tag-nahar-spinning-mills-news","tag-nahar-spinning-mills-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-textile-stock"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Textile stock jumps 12% after reporting profit against loss of \u20b915.20 Cr in Q3 - 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