Bangladesh Crisis Impact on Nitin Spinners:
Nitin Spinners has about 60% recevenue contribution from Exports market (About 1800 cr) and out of that 60% it exports about 20% yarn to Bangladesh (about 360 Cr) which comes out to be around 12% of sales figure (of about 3k cr) which might be impacted severely due to Bangladesh crisis. If the Management clarifies how much of business is impacted that will make more sense. Let us share here if there are management comments on the topic in any public forum. Thanks
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