India’s largest denim fabric manufacturer, Nandan Denim Limited (NDL), has reported a net profit of Rs. 13.93 cr for the Q3 of FY 2017-18 as against Rs. 8.63 cr in the corresponding period of 2016-17, a rise of 61 per cent. Net sales for third quarter ended December 2017 at Rs. 363.40 cr were higher by 54 per cent over previous fiscal’s same quarter net sales of Rs. 235.22 cr. Company reported healthy EBITDA and PAT margin in Q3 FY17-18 at 16 per cent and 3.83 per cent respectively. EPS for Q3 FY 17-18 stood at Rs. 2.86 (Face value of Rs. 10 per share).