TajGVK Hotels & Resorts net profit declines 91.59% in the March 2013 quarter

Net profit of TajGVK Hotels & Resorts declined 91.59% to Rs 0.58 crore in the quarter ended March 2013 as against Rs 6.90 crore during the previous quarter ended March 2012. Sales declined 10.11% to Rs 64.26 crore in the quarter ended March 2013 as against Rs 71.49 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 70.06% to Rs 8.78 crore in the year ended March 2013 as against Rs 29.33 crore during the previous year ended March 2012. Sales declined 0.66% to Rs 254.24 crore in the year ended March 2013 as against Rs 255.94 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales64.2671.49 -10 254.24255.94 -1 OPM %23.4229.44 -20 24.5831.27 -21 PBDT9.0616.01 -43 40.1564.89 -38 PBT2.799.56 -71 15.2942.79 -64 NP0.586.90 -92 8.7829.33 -70

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