Gandhinagar Hotels net profit declines 36.96% in the March 2013 quarter

Sales decline 35.46% to Rs 3.24 crore

Net profit of Gandhinagar Hotels declined 36.96% to Rs 0.29 crore in the quarter ended March 2013 as against Rs 0.46 crore during the previous quarter ended March 2012. Sales declined 35.46% to Rs 3.24 crore in the quarter ended March 2013 as against Rs 5.02 crore during the previous quarter ended March 2012.

For the full year,net profit rose 125.81% to Rs 0.70 crore in the year ended March 2013 as against Rs 0.31 crore during the previous year ended March 2012. Sales declined 7.71% to Rs 14.96 crore in the year ended March 2013 as against Rs 16.21 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales3.245.02 -35 14.9616.21 -8 OPM %31.4827.69 -30.6132.08 - PBDT0.720.98 -27 3.233.49 -7 PBT0.290.46 -37 0.700.92 -24 NP0.290.46 -37 0.700.31 126

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