IndiaNivesh standalone net profit rises 1850.00% in the March 2017 quarter

Sales rise 140.91% to Rs 0.53 crore

Net profit of IndiaNivesh rose 1850.00% to Rs 0.39 crore in the quarter ended March 2017 as against Rs 0.02 crore during the previous quarter ended March 2016. Sales rose 140.91% to Rs 0.53 crore in the quarter ended March 2017 as against Rs 0.22 crore during the previous quarter ended March 2016.

For the full year,net profit rose 13.21% to Rs 0.60 crore in the year ended March 2017 as against Rs 0.53 crore during the previous year ended March 2016. Sales rose 165.12% to Rs 1.14 crore in the year ended March 2017 as against Rs 0.43 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales0.530.22 141 1.140.43 165 OPM %105.6650.00 -70.1818.60 - PBDT0.480.03 1500 0.690.69 0 PBT0.480.03 1500 0.680.68 0 NP0.390.02 1850 0.600.53 13

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