Nivedita Mercantile And Financing standalone net profit declines 56.25% in the March 2016 quarter

Sales rise 231.95% to Rs 5.61 crore

Net profit of Nivedita Mercantile And Financing declined 56.25% to Rs 0.63 crore in the quarter ended March 2016 as against Rs 1.44 crore during the previous quarter ended March 2015. Sales rose 231.95% to Rs 5.61 crore in the quarter ended March 2016 as against Rs 1.69 crore during the previous quarter ended March 2015.

For the full year,net profit declined 23.83% to Rs 5.72 crore in the year ended March 2016 as against Rs 7.51 crore during the previous year ended March 2015. Sales rose 44.75% to Rs 17.63 crore in the year ended March 2016 as against Rs 12.18 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales5.611.69 232 17.6312.18 45 OPM %-7.1347.93 -34.3250.41 - PBDT-0.341.76 PL 6.459.87 -35 PBT-0.341.76 PL 6.459.87 -35 NP0.631.44 -56 5.727.51 -24

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