Net profit of Indian Nippon Electricals declined 21.34% to Rs 3.98 crore in the quarter ended March 2007 as against Rs 5.06 crore during the previous quarter ended March 2006. Sales declined 4.73% to Rs 36.42 crore in the quarter ended March 2007 as against Rs 38.23 crore during the previous quarter ended March 2006.