Nivedita Mercantile And Financing standalone net profit rises 94.59% in the March 2015 quarter

Sales decline 49.10% to Rs 1.69 crore

Net profit of Nivedita Mercantile And Financing rose 94.59% to Rs 1.44 crore in the quarter ended March 2015 as against Rs 0.74 crore during the previous quarter ended March 2014. Sales declined 49.10% to Rs 1.69 crore in the quarter ended March 2015 as against Rs 3.32 crore during the previous quarter ended March 2014.

For the full year,net profit rose 230.84% to Rs 7.51 crore in the year ended March 2015 as against Rs 2.27 crore during the previous year ended March 2014. Sales declined 35.89% to Rs 12.18 crore in the year ended March 2015 as against Rs 19.00 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales1.693.32 -49 12.1819.00 -36 OPM %47.9333.43 -50.4119.05 - PBDT1.761.12 57 9.873.63 172 PBT1.761.12 57 9.873.63 172 NP1.440.74 95 7.512.27 231

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