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Nivedita Mercantile And Financing consolidated net profit declines 58.24% in the September 2017 quarter

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Capital Market

Sales rise 28.54% to Rs 5.27 crore

Net profit of Nivedita Mercantile And Financing declined 58.24% to Rs 0.38 crore in the quarter ended September 2017 as against Rs 0.91 crore during the previous quarter ended September 2016. Sales rose 28.54% to Rs 5.27 crore in the quarter ended September 2017 as against Rs 4.10 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales5.274.10 29 OPM %82.1670.00 -PBDT0.421.02 -59 PBT0.421.02 -59 NP0.380.91 -58

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First Published: Nov 14 2017 | 4:58 PM IST

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