Nivedita Mercantile And Financing standalone net profit declines 47.06% in the March 2018 quarter

Sales decline 50.10% to Rs 2.43 crore

Net profit of Nivedita Mercantile And Financing declined 47.06% to Rs 0.09 crore in the quarter ended March 2018 as against Rs 0.17 crore during the previous quarter ended March 2017. Sales declined 50.10% to Rs 2.43 crore in the quarter ended March 2018 as against Rs 4.87 crore during the previous quarter ended March 2017.

For the full year,net profit declined 51.25% to Rs 1.17 crore in the year ended March 2018 as against Rs 2.40 crore during the previous year ended March 2017. Sales declined 12.86% to Rs 17.95 crore in the year ended March 2018 as against Rs 20.60 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2.434.87 -50 17.9520.60 -13 OPM %74.0783.78 -76.9982.38 - PBDT0.100.14 -29 1.572.77 -43 PBT0.100.14 -29 1.572.77 -43 NP0.090.17 -47 1.172.40 -51

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