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Nivaka Fashions standalone net profit declines 76.47% in the September 2020 quarter

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Capital Market

Sales decline 63.76% to Rs 3.16 crore

Net profit of Nivaka Fashions declined 76.47% to Rs 0.08 crore in the quarter ended September 2020 as against Rs 0.34 crore during the previous quarter ended September 2019. Sales declined 63.76% to Rs 3.16 crore in the quarter ended September 2020 as against Rs 8.72 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales3.168.72 -64 OPM %5.061.72 -PBDT0.160.48 -67 PBT0.110.45 -76 NP0.080.34 -76

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First Published: Nov 14 2020 | 1:26 PM IST

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