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Nirav Commercials standalone net profit declines 50.00% in the September 2016 quarter

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Capital Market

Sales rise 23.50% to Rs 2.47 crore

Net profit of Nirav Commercials declined 50.00% to Rs 0.08 crore in the quarter ended September 2016 as against Rs 0.16 crore during the previous quarter ended September 2015. Sales rose 23.50% to Rs 2.47 crore in the quarter ended September 2016 as against Rs 2.00 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales2.472.00 24 OPM %3.645.50 -PBDT0.180.18 0 PBT0.170.17 0 NP0.080.16 -50

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First Published: Nov 15 2016 | 5:42 PM IST

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