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Nitesh Estates consolidated net profit declines 87.32% in the September 2014 quarter

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Capital Market

Sales decline 2.21% to Rs 82.20 crore

Net profit of Nitesh Estates declined 87.32% to Rs 1.66 crore in the quarter ended September 2014 as against Rs 13.09 crore during the previous quarter ended September 2013. Sales declined 2.21% to Rs 82.20 crore in the quarter ended September 2014 as against Rs 84.06 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales82.2084.06 -2 OPM %19.3729.90 -PBDT10.0318.25 -45 PBT10.0917.82 -43 NP1.6613.09 -87

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First Published: Nov 12 2014 | 8:29 AM IST

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