Nirav Commercials reports standalone nil net profit/loss in the March 2016 quarter

Sales decline 10.45% to Rs 1.97 crore

Nirav Commercials reported no net profit/loss in the quarter ended March 2016 as against net profit of Rs 0.04 crore during the previous quarter ended March 2015. Sales declined 10.45% to Rs 1.97 crore in the quarter ended March 2016 as against Rs 2.20 crore during the previous quarter ended March 2015.

For the full year,net profit declined 37.04% to Rs 0.17 crore in the year ended March 2016 as against Rs 0.27 crore during the previous year ended March 2015. Sales declined 20.86% to Rs 7.21 crore in the year ended March 2016 as against Rs 9.11 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.972.20 -10 7.219.11 -21 OPM %-7.61-0.91 --1.800.55 - PBDT0.040.07 -43 0.270.40 -33 PBT0.030.05 -40 0.210.32 -34 NP00.04 -100 0.170.27 -37

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