TajGVK Hotels & Resorts standalone net profit declines 86.51% in the March 2017 quarter

Sales decline 4.98% to Rs 73.43 crore

Net profit of TajGVK Hotels & Resorts declined 86.51% to Rs 0.78 crore in the quarter ended March 2017 as against Rs 5.78 crore during the previous quarter ended March 2016. Sales declined 4.98% to Rs 73.43 crore in the quarter ended March 2017 as against Rs 77.28 crore during the previous quarter ended March 2016.

For the full year,net profit rose 26.31% to Rs 10.37 crore in the year ended March 2017 as against Rs 8.21 crore during the previous year ended March 2016. Sales declined 0.82% to Rs 269.77 crore in the year ended March 2017 as against Rs 272.00 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales73.4377.28 -5 269.77272.00 -1 OPM %18.3729.18 -22.6223.91 - PBDT6.5114.91 -56 31.9433.71 -5 PBT2.0010.38 -81 13.8115.24 -9 NP0.785.78 -87 10.378.21 26

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