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Nava Bharat Ventures consolidated net profit declines 91.01% in the September 2016 quarter

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Capital Market

Sales decline 22.76% to Rs 317.64 crore

Net profit of Nava Bharat Ventures declined 91.01% to Rs 6.25 crore in the quarter ended September 2016 as against Rs 69.55 crore during the previous quarter ended September 2015. Sales declined 22.76% to Rs 317.64 crore in the quarter ended September 2016 as against Rs 411.24 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales317.64411.24 -23 OPM %7.2820.73 -PBDT10.5191.91 -89 PBT-11.7873.00 PL NP6.2569.55 -91

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First Published: Nov 17 2016 | 5:31 PM IST

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