Corrects share move to 5% from 7% in 1st bullet, corrects headline and removes second bullet to drop milestone
** Shares of Nilkamal NKML.NS fall as much as 5% to 1,713.5 rupees, its lowest level since June 23
** Furniture manufacturer posts a 16.7% Y/Y decline in June-qtr consol net profit to 152.4 mln rupees ($1.75 mln)
** Rev from ops rises 19% Y/Y
** More than 12,739 shares traded, 2.3x 30-day avg
** Stock down 10% YTD
($1 = 87.2270 Indian rupees)
(Reporting by Rudra Pratap Singh in Bengaluru)
((rudrapratap.singh@thomsonreuters.com))