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Nirav Commercials reports net profit of Rs 0.12 crore in the March 2014 quarter

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Capital Market

Sales rise 49.70% to Rs 2.53 crore

Net profit of Nirav Commercials reported to Rs 0.12 crore in the quarter ended March 2014 as against net loss of Rs 0.08 crore during the previous quarter ended March 2013. Sales rose 49.70% to Rs 2.53 crore in the quarter ended March 2014 as against Rs 1.69 crore during the previous quarter ended March 2013.

For the full year,net profit rose 131.25% to Rs 0.37 crore in the year ended March 2014 as against Rs 0.16 crore during the previous year ended March 2013. Sales rose 7.94% to Rs 7.75 crore in the year ended March 2014 as against Rs 7.18 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales2.531.69 50 7.757.18 8 OPM %4.74-7.10 -2.320.28 - PBDT0.19-0.09 LP 0.570.30 90 PBT0.17-0.11 LP 0.500.21 138 NP0.12-0.08 LP 0.370.16 131

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First Published: May 30 2014 | 9:24 AM IST

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