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Nirav Commercials net profit rises 150.00% in the December 2013 quarter

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Capital Market

Sales decline 20.67% to Rs 1.65 crore

Net profit of Nirav Commercials rose 150.00% to Rs 0.05 crore in the quarter ended December 2013 as against Rs 0.02 crore during the previous quarter ended December 2012. Sales declined 20.67% to Rs 1.65 crore in the quarter ended December 2013 as against Rs 2.08 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales1.652.08 -21 OPM %-3.03-0.96 -PBDT0.100.05 100 PBT0.080.03 167 NP0.050.02 150

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First Published: Feb 14 2014 | 4:16 PM IST

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