Sales decline 48.35% to Rs 29.16 crore
Net loss of Kamat Hotels (India) reported to Rs 5.49 crore in the quarter ended March 2021 as against net profit of Rs 12.79 crore during the previous quarter ended March 2020. Sales declined 48.35% to Rs 29.16 crore in the quarter ended March 2021 as against Rs 56.46 crore during the previous quarter ended March 2020.For the full year,net loss reported to Rs 36.29 crore in the year ended March 2021 as against net profit of Rs 24.77 crore during the previous year ended March 2020. Sales declined 70.27% to Rs 65.99 crore in the year ended March 2021 as against Rs 221.98 crore during the previous year ended March 2020.
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