Nandan Denim Ltd (NDL), leading denim fabric manufacturer, on Friday, reported an increase of 23.8 per cent in net profit and 3.5 per cent in sales in the third quarter of 2015-16, ended December 31, 2015, compared to the corresponding period last fiscal.

While the net profit was ₹15.65 crore (₹12.63 crore), sales were ₹287.37 crore (₹277.60 crore), according to a company statement here.