New Delhi, Aug. 13 -- Nandan Denim share price jumped more than 7% on Thursday, August 13, following the company's June quarter results. However, the rise came despite a sharp decline in revenue, with the improvement in net profit largely supported by a tax-related adjustment rather than stronger operating performance.

Nandan Denim reported a net profit of Rs.14.79 lakh for Q1FY27, up 31.8% from Rs.11.20 lakh in the year-ago quarter. However, revenue from operations declined by 40.6% year-on-year to Rs.622.39 lakh, down from Rs.1,047.68 lakh in Q1FY26. Total expenses also fell to Rs.614.50 lakh from Rs.1,034.40 lakh during the same period.

The company's profit before tax stood at Rs.10.32 lakh, compared with Rs.14.82 lakh in the corresp...