Nivedita Mercantile And Financing reports net profit of Rs 0.74 crore in the March 2014 quarter

Sales decline 25.73% to Rs 3.32 crore

Net profit of Nivedita Mercantile And Financing reported to Rs 0.74 crore in the quarter ended March 2014 as against net loss of Rs 0.03 crore during the previous quarter ended March 2013. Sales declined 25.73% to Rs 3.32 crore in the quarter ended March 2014 as against Rs 4.47 crore during the previous quarter ended March 2013.

For the full year,net profit rose 84.55% to Rs 2.27 crore in the year ended March 2014 as against Rs 1.23 crore during the previous year ended March 2013. Sales rose 18.68% to Rs 19.00 crore in the year ended March 2014 as against Rs 16.01 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales3.324.47 -26 19.0016.01 19 OPM %17.471.57 -16.2611.93 - PBDT1.120.07 1500 3.631.96 85 PBT1.120.07 1500 3.631.96 85 NP0.74-0.03 LP 2.271.23 85

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