Nirav Commercials reports standalone net loss of Rs 0.07 crore in the March 2017 quarter

Sales decline 42.13% to Rs 1.14 crore

Net Loss of Nirav Commercials reported to Rs 0.07 crore in the quarter ended March 2017 as against net loss of Rs 0.03 crore during the previous quarter ended March 2016. Sales declined 42.13% to Rs 1.14 crore in the quarter ended March 2017 as against Rs 1.97 crore during the previous quarter ended March 2016.

For the full year,net profit rose 135.29% to Rs 0.40 crore in the year ended March 2017 as against Rs 0.17 crore during the previous year ended March 2016. Sales rose 61.17% to Rs 11.62 crore in the year ended March 2017 as against Rs 7.21 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales1.141.97 -42 11.627.21 61 OPM %-12.28-9.14 -3.87-1.80 - PBDT-0.130.01 PL 0.590.27 119 PBT-0.140 0 0.540.21 157 NP-0.07-0.03 -133 0.400.17 135

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