Nivedita Mercantile And Financing consolidated net profit declines 79.71% in the March 2017 quarter

Sales decline 23.67% to Rs 4.87 crore

Net profit of Nivedita Mercantile And Financing declined 79.71% to Rs 0.14 crore in the quarter ended March 2017 as against Rs 0.69 crore during the previous quarter ended March 2016. Sales declined 23.67% to Rs 4.87 crore in the quarter ended March 2017 as against Rs 6.38 crore during the previous quarter ended March 2016.

For the full year,net profit declined 59.09% to Rs 2.34 crore in the year ended March 2017 as against Rs 5.72 crore during the previous year ended March 2016. Sales declined 4.05% to Rs 20.60 crore in the year ended March 2017 as against Rs 21.47 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales4.876.38 -24 20.6021.47 -4 OPM %83.3772.57 -82.0483.98 - PBDT0.11-0.28 LP 2.706.44 -58 PBT0.11-0.28 LP 2.706.44 -58 NP0.140.69 -80 2.345.72 -59

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