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Nava Bharat Ventures standalone net profit declines 74.10% in the September 2016 quarter

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Capital Market

Sales decline 11.08% to Rs 222.75 crore

Net profit of Nava Bharat Ventures declined 74.10% to Rs 5.90 crore in the quarter ended September 2016 as against Rs 22.78 crore during the previous quarter ended September 2015. Sales declined 11.08% to Rs 222.75 crore in the quarter ended September 2016 as against Rs 250.51 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales222.75250.51 -11 OPM %10.485.91 -PBDT18.7230.13 -38 PBT10.8223.03 -53 NP5.9022.78 -74

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First Published: Nov 17 2016 | 5:32 PM IST

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