TajGVK Hotels & Resorts standalone net profit rises 822.78% in the March 2018 quarter

Sales rise 16.95% to Rs 83.34 crore

Net profit of TajGVK Hotels & Resorts rose 822.78% to Rs 7.29 crore in the quarter ended March 2018 as against Rs 0.79 crore during the previous quarter ended March 2017. Sales rose 16.95% to Rs 83.34 crore in the quarter ended March 2018 as against Rs 71.26 crore during the previous quarter ended March 2017.

For the full year,net profit rose 102.51% to Rs 21.00 crore in the year ended March 2018 as against Rs 10.37 crore during the previous year ended March 2017. Sales rose 8.98% to Rs 288.25 crore in the year ended March 2018 as against Rs 264.49 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales83.3471.26 17 288.25264.49 9 OPM %23.3118.94 -24.8521.89 - PBDT15.206.52 133 49.2834.12 44 PBT10.912.01 443 32.0115.99 100 NP7.290.79 823 21.0010.37 103

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