TGB Banquets & Hotels reports net loss of Rs 4.06 crore in the March 2014 quarter

Sales decline 3.54% to Rs 50.21 crore

Net Loss of TGB Banquets & Hotels reported to Rs 4.06 crore in the quarter ended March 2014 as against net loss of Rs 5.71 crore during the previous quarter ended March 2013. Sales declined 3.54% to Rs 50.21 crore in the quarter ended March 2014 as against Rs 52.05 crore during the previous quarter ended March 2013.

For the full year,net profit declined 37.50% to Rs 1.85 crore in the year ended March 2014 as against Rs 2.96 crore during the previous year ended March 2013. Sales declined 3.28% to Rs 152.35 crore in the year ended March 2014 as against Rs 157.51 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales50.2152.05 -4 152.35157.51 -3 OPM %11.398.61 -24.6524.59 - PBDT0.932.02 -54 18.3320.52 -11 PBT-1.42-1.88 24 5.497.59 -28 NP-4.06-5.71 29 1.852.96 -38

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