Nitesh Estates reports net profit of Rs 1.73 crore in the March 2014 quarter

Sales rise 708.82% to Rs 27.50 crore

Net profit of Nitesh Estates reported to Rs 1.73 crore in the quarter ended March 2014 as against net loss of Rs 12.74 crore during the previous quarter ended March 2013. Sales rose 708.82% to Rs 27.50 crore in the quarter ended March 2014 as against Rs 3.40 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 7.70 crore in the year ended March 2014 as against net loss of Rs 32.38 crore during the previous year ended March 2013. Sales rose 139.47% to Rs 112.05 crore in the year ended March 2014 as against Rs 46.79 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales27.503.40 709 112.0546.79 139 OPM %14.36-358.53 -14.74-54.82 - PBDT2.42-12.29 LP 10.40-26.79 LP PBT2.04-12.74 LP 8.82-28.50 LP NP1.73-12.74 LP 7.70-32.38 LP

Powered by Capital Market - Live News