Howard Hotels reports standalone net loss of Rs 0.21 crore in the March 2020 quarter

Sales decline 18.99% to Rs 2.73 crore

Net loss of Howard Hotels reported to Rs 0.21 crore in the quarter ended March 2020 as against net profit of Rs 0.03 crore during the previous quarter ended March 2019. Sales declined 18.99% to Rs 2.73 crore in the quarter ended March 2020 as against Rs 3.37 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 0.76 crore in the year ended March 2020. There were no net profit/loss reported during the previous year ended March 2019. Sales declined 8.83% to Rs 9.71 crore in the year ended March 2020 as against Rs 10.65 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2.733.37 -19 9.7110.65 -9 OPM %4.037.12 -1.657.79 - PBDT0.130.26 -50 0.100.76 -87 PBT-0.020.02 PL -0.57-0.01 -5600 NP-0.210.03 PL -0.760 0

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