Nidhi Granites reports standalone nil net profit/loss in the March 2016 quarter

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Sales rise 175.00% to Rs 0.11 crore
Nidhi Granites reported no net profit/loss in the quarter ended March 2016 as against net profit of Rs 0.07 crore during the previous quarter ended March 2015. Sales rose 175.00% to Rs 0.11 crore in the quarter ended March 2016 as against Rs 0.04 crore during the previous quarter ended March 2015.For the full year,net profit declined 12.50% to Rs 0.07 crore in the year ended March 2016 as against Rs 0.08 crore during the previous year ended March 2015. Sales rose 214.29% to Rs 0.22 crore in the year ended March 2016 as against Rs 0.07 crore during the previous year ended March 2015.
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First Published: May 23 2016 | 4:55 PM IST