TGB Banquets & Hotels reports standalone net loss of Rs 19.14 crore in the March 2016 quarter

Sales decline 22.59% to Rs 33.54 crore

Net Loss of TGB Banquets & Hotels reported to Rs 19.14 crore in the quarter ended March 2016 as against net loss of Rs 14.05 crore during the previous quarter ended March 2015. Sales declined 22.59% to Rs 33.54 crore in the quarter ended March 2016 as against Rs 43.33 crore during the previous quarter ended March 2015.

For the full year,net loss reported to Rs 15.24 crore in the year ended March 2016 as against net loss of Rs 11.21 crore during the previous year ended March 2015. Sales declined 2.49% to Rs 132.66 crore in the year ended March 2016 as against Rs 136.05 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales33.5443.33 -23 132.66136.05 -2 OPM %-23.940.62 -16.2220.82 - PBDT-11.85-5.19 -128 5.079.17 -45 PBT-19.84-15.28 -30 -15.44-11.94 -29 NP-19.14-14.05 -36 -15.24-11.21 -36

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