Nirav Commercials announced that the Annual General Meeting (AGM) of the company will be held on 17 September 2019.

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Net profit of Nirav Commercials reported to Rs 0.10 crore in the quarter ended June 2019 as against net loss of Rs 0.07 crore during the previous quarter ended June 2018. Sales declined 19.15% to Rs 1.14 crore in the quarter ended June 2019 as against Rs 1.41 crore during the previous quarter ended June 2018.

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Nirav Commercials will hold a meeting of the Board of Directors of the Company on 14 August 2019.

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Net profit of Nirav Commercials declined 99.31% to Rs 0.02 crore in the quarter ended March 2019 as against Rs 2.91 crore during the previous quarter ended March 2018. Sales declined 27.10% to Rs 1.13 crore in the quarter ended March 2019 as against Rs 1.55 crore during the previous quarter ended March 2018.

For the full year,net profit declined 97.56% to Rs 0.16 crore in the year ended March 2019 as against Rs 6.57 crore during the previous year ended March 2018. Sales declined 17.72% to Rs 5.06 crore in the year ended March 2019 as against Rs 6.15 crore during the previous year ended March 2018.

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