Nivedita Mercantile And Financing standalone net profit declines 73.02% in the March 2017 quarter

Sales decline 23.67% to Rs 4.87 crore

Net profit of Nivedita Mercantile And Financing declined 73.02% to Rs 0.17 crore in the quarter ended March 2017 as against Rs 0.63 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 58.04% to Rs 2.40 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 %83.7871.63 -82.3884.07 - PBDT0.14-0.34 LP 2.776.45 -57 PBT0.14-0.34 LP 2.776.45 -57 NP0.170.63 -73 2.405.72 -58

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