IndiaNivesh standalone net profit declines 98.97% in the March 2016 quarter

Sales decline 90.39% to Rs 0.22 crore

Net profit of IndiaNivesh declined 98.97% to Rs 0.02 crore in the quarter ended March 2016 as against Rs 1.94 crore during the previous quarter ended March 2015. Sales declined 90.39% to Rs 0.22 crore in the quarter ended March 2016 as against Rs 2.29 crore during the previous quarter ended March 2015.

For the full year,net profit declined 67.28% to Rs 0.53 crore in the year ended March 2016 as against Rs 1.62 crore during the previous year ended March 2015. Sales declined 82.08% to Rs 0.43 crore in the year ended March 2016 as against Rs 2.40 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.222.29 -90 0.432.40 -82 OPM %50.0096.07 -23.2682.92 - PBDT0.032.73 -99 0.712.42 -71 PBT0.032.72 -99 0.682.39 -72 NP0.021.94 -99 0.531.62 -67

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