Graviss Hospitality consolidated net profit declines 15.70% in the March 2016 quarter

Sales decline 4.04% to Rs 14.71 crore

Net profit of Graviss Hospitality declined 15.70% to Rs 1.02 crore in the quarter ended March 2016 as against Rs 1.21 crore during the previous quarter ended March 2015. Sales declined 4.04% to Rs 14.71 crore in the quarter ended March 2016 as against Rs 15.33 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 2.42 crore in the year ended March 2016 as against net loss of Rs 2.22 crore during the previous year ended March 2015. Sales declined 3.24% to Rs 49.85 crore in the year ended March 2016 as against Rs 51.52 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales14.7115.33 -4 49.8551.52 -3 OPM %7.0716.96 -5.068.48 - PBDT0.772.39 -68 1.283.22 -60 PBT0.020.92 -98 -3.42-2.51 -36 NP1.021.21 -16 -2.42-2.22 -9

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