Hospitality chain Jaypee Hotels today said its net profit fell 4.49% to Rs 5.53 crore in the fourth quarter ended March 31, 2009, over the corresponding period a year ago.
The company had a net profit of Rs 5.79 crore in the fourth quarter of last financial year, Jaypee Hotels informed the Bombay Stock Exchange.
Further, total income of the Jaypee Group firm also dropped to Rs 45.99 crore during the March quarter of FY'09 from Rs 51.09 crore in the same quarter of last fiscal.
However, for the financial year ended March 31, 2009, Jaypee Hotels posted a net profit of Rs 21.50 crore, marking a 22.64% growth against Rs 17.53 crore last fiscal.
Total income of the company during FY'09 rose marginally to Rs 171.78 crore from Rs 170.02 crore last fiscal.
Shares of Jaypee Hotels were trading at Rs 115.70, up 4.99% in the afternoon trade on the BSE.
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