Gujarat Hotels standalone net profit declines 66.94% in the March 2021 quarter

Sales decline 58.06% to Rs 0.39 crore

Net profit of Gujarat Hotels declined 66.94% to Rs 0.40 crore in the quarter ended March 2021 as against Rs 1.21 crore during the previous quarter ended March 2020. Sales declined 58.06% to Rs 0.39 crore in the quarter ended March 2021 as against Rs 0.93 crore during the previous quarter ended March 2020.

For the full year,net profit declined 47.21% to Rs 2.27 crore in the year ended March 2021 as against Rs 4.30 crore during the previous year ended March 2020. Sales declined 73.60% to Rs 0.99 crore in the year ended March 2021 as against Rs 3.75 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales0.390.93 -58 0.993.75 -74 OPM %74.3689.25 -68.6989.87 - PBDT0.511.32 -61 2.745.54 -51 PBT0.501.31 -62 2.695.49 -51 NP0.401.21 -67 2.274.30 -47

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