HomeNewsBusinessEarningsDismal quarter, but robust year: Nitesh Estates
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Dismal quarter, but robust year: Nitesh Estates

Ashwini Kumar, COO of Nitesh Estates tells CNBC-TV that though the quarter results are dismal, on a yearly basis, the company has made tremendous progress. “We now have 10 projects underway and have actually grown 58% in revenue terms to Rs 144 crore over the past year,” he says.

May 31, 2011 / 15:54 IST
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Nitesh Estates has not had a good time this quarter. Revenues have shrunk, profits fell and the company registered an EBITDA loss of Rs 7 crore against the previous quarter

TAGS: #Nitesh Estates #projects underway #quarter results #Results Boardroom #Ritz-Carlton Hotel
first published: May 31, 2011 01:13 pm

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