Sales decline 7.67% to Rs 13.37 crore
Net loss of Graviss Hospitality reported to Rs 0.22 crore in the quarter ended March 2014 as against net profit of Rs 1.42 crore during the previous quarter ended March 2013. Sales declined 7.67% to Rs 13.37 crore in the quarter ended March 2014 as against Rs 14.48 crore during the previous quarter ended March 2013.For the full year,net loss reported to Rs 1.61 crore in the year ended March 2014 as against net profit of Rs 3.57 crore during the previous year ended March 2013. Sales declined 8.00% to Rs 46.70 crore in the year ended March 2014 as against Rs 50.76 crore during the previous year ended March 2013.
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