Fomento Resorts & Hotels reports standalone net loss of Rs 0.55 crore in the September 2017 quarter

Sales decline 27.60% to Rs 8.50 crore

Net loss of Fomento Resorts & Hotels reported to Rs 0.55 crore in the quarter ended September 2017 as against net profit of Rs 0.82 crore during the previous quarter ended September 2016. Sales declined 27.60% to Rs 8.50 crore in the quarter ended September 2017 as against Rs 11.74 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales8.5011.74 -28 OPM %3.8822.40 -PBDT0.352.60 -87 PBT-0.281.98 PL NP-0.550.82 PL

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