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.
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