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Nirav Commercials standalone net profit declines 66.67% in the March 2015 quarter

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Capital Market

Sales decline 13.04% to Rs 2.20 crore

Net profit of Nirav Commercials declined 66.67% to Rs 0.04 crore in the quarter ended March 2015 as against Rs 0.12 crore during the previous quarter ended March 2014. Sales declined 13.04% to Rs 2.20 crore in the quarter ended March 2015 as against Rs 2.53 crore during the previous quarter ended March 2014.

For the full year,net profit declined 27.03% to Rs 0.27 crore in the year ended March 2015 as against Rs 0.37 crore during the previous year ended March 2014. Sales rose 17.55% to Rs 9.11 crore in the year ended March 2015 as against Rs 7.75 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales2.202.53 -13 9.117.75 18 OPM %-0.914.74 -0.552.19 - PBDT0.070.19 -63 0.400.57 -30 PBT0.050.17 -71 0.320.50 -36 NP0.040.12 -67 0.270.37 -27

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First Published: Jun 02 2015 | 6:23 PM IST

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