Royal Orchid Hotels standalone net profit declines 29.14% in the March 2016 quarter

Sales rise 6.00% to Rs 24.20 crore

Net profit of Royal Orchid Hotels declined 29.14% to Rs 3.04 crore in the quarter ended March 2016 as against Rs 4.29 crore during the previous quarter ended March 2015. Sales rose 6.00% to Rs 24.20 crore in the quarter ended March 2016 as against Rs 22.83 crore during the previous quarter ended March 2015.

For the full year,net profit declined 16.70% to Rs 7.48 crore in the year ended March 2016 as against Rs 8.98 crore during the previous year ended March 2015. Sales rose 3.80% to Rs 87.85 crore in the year ended March 2016 as against Rs 84.63 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales24.2022.83 6 87.8584.63 4 OPM %15.7416.95 -12.1310.69 - PBDT4.484.65 -4 10.1611.38 -11 PBT3.044.29 -29 6.166.98 -12 NP3.044.29 -29 7.488.98 -17

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