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Nivedita Mercantile And Financing standalone net profit declines 31.91% in the June 2017 quarter

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Capital Market

Sales decline 29.93% to Rs 5.15 crore

Net profit of Nivedita Mercantile And Financing declined 31.91% to Rs 0.64 crore in the quarter ended June 2017 as against Rs 0.94 crore during the previous quarter ended June 2016. Sales declined 29.93% to Rs 5.15 crore in the quarter ended June 2017 as against Rs 7.35 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales5.157.35 -30 OPM %63.8886.94 -PBDT0.801.18 -32 PBT0.801.18 -32 NP0.640.94 -32

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First Published: Aug 11 2017 | 4:26 PM IST

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