Nivedita Mercantile And Financing consolidated net profit declines 57.14% in the March 2018 quarter

Sales decline 50.10% to Rs 2.43 crore

Net profit of Nivedita Mercantile And Financing declined 57.14% to Rs 0.06 crore in the quarter ended March 2018 as against Rs 0.14 crore during the previous quarter ended March 2017. Sales declined 50.10% to Rs 2.43 crore in the quarter ended March 2018 as against Rs 4.87 crore during the previous quarter ended March 2017.

For the full year,net profit declined 52.56% to Rs 1.11 crore in the year ended March 2018 as against Rs 2.34 crore during the previous year ended March 2017. Sales declined 12.86% to Rs 17.95 crore in the year ended March 2018 as against Rs 20.60 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2.434.87 -50 17.9520.60 -13 OPM %72.8483.37 -76.6682.04 - PBDT0.070.11 -36 1.522.70 -44 PBT0.070.11 -36 1.522.70 -44 NP0.060.14 -57 1.112.34 -53

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