Nitesh Estates reports consolidated net profit of Rs 9.27 crore in the March 2015 quarter

Sales rise 102.19% to Rs 98.81 crore

Net profit of Nitesh Estates reported to Rs 9.27 crore in the quarter ended March 2015 as against net loss of Rs 7.70 crore during the previous quarter ended March 2014. Sales rose 102.19% to Rs 98.81 crore in the quarter ended March 2015 as against Rs 48.87 crore during the previous quarter ended March 2014.

For the full year,net profit declined 55.13% to Rs 2.36 crore in the year ended March 2015 as against Rs 5.26 crore during the previous year ended March 2014. Sales declined 3.35% to Rs 287.60 crore in the year ended March 2015 as against Rs 297.57 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales98.8148.87 102 287.60297.57 -3 OPM %28.2314.67 -22.8519.29 - PBDT20.210.63 3108 40.2931.08 30 PBT19.560.21 9214 38.9629.37 33 NP9.27-7.70 LP 2.365.26 -55

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