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Nirav Commercials standalone net profit declines 10.00% in the June 2017 quarter

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Capital Market

Sales decline 53.76% to Rs 2.09 crore

Net profit of Nirav Commercials declined 10.00% to Rs 0.18 crore in the quarter ended June 2017 as against Rs 0.20 crore during the previous quarter ended June 2016. Sales declined 53.76% to Rs 2.09 crore in the quarter ended June 2017 as against Rs 4.52 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales2.094.52 -54 OPM %5.263.32 -PBDT0.190.21 -10 PBT0.180.20 -10 NP0.180.20 -10

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First Published: Sep 15 2017 | 4:39 PM IST

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