Nirav Commercials reports standalone net profit of Rs 2.91 crore in the March 2018 quarter

Sales rise 17.42% to Rs 1.55 crore

Net profit of Nirav Commercials reported to Rs 2.91 crore in the quarter ended March 2018 as against net loss of Rs 0.07 crore during the previous quarter ended March 2017. Sales rose 17.42% to Rs 1.55 crore in the quarter ended March 2018 as against Rs 1.32 crore during the previous quarter ended March 2017.

For the full year,net profit rose 1542.50% to Rs 6.57 crore in the year ended March 2018 as against Rs 0.40 crore during the previous year ended March 2017. Sales declined 48.10% to Rs 6.15 crore in the year ended March 2018 as against Rs 11.85 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales1.551.32 17 6.1511.85 -48 OPM %243.23-6.06 -134.476.41 - PBDT3.76-0.13 LP 8.250.59 1298 PBT3.75-0.14 LP 8.210.54 1420 NP2.91-0.07 LP 6.570.40 1543

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