TGB Banquets & Hotels reports standalone net profit of Rs 9.88 crore in the March 2018 quarter

Sales decline 17.94% to Rs 33.02 crore

Net profit of TGB Banquets & Hotels reported to Rs 9.88 crore in the quarter ended March 2018 as against net loss of Rs 9.81 crore during the previous quarter ended March 2017. Sales declined 17.94% to Rs 33.02 crore in the quarter ended March 2018 as against Rs 40.24 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 0.54 crore in the year ended March 2018 as against net loss of Rs 6.62 crore during the previous year ended March 2017. Sales declined 13.24% to Rs 118.74 crore in the year ended March 2018 as against Rs 136.86 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales33.0240.24 -18 118.74136.86 -13 OPM %-92.61-5.47 --19.2117.87 - PBDT-28.40-3.93 -623 -21.5111.56 PL PBT-29.74-11.09 -168 -26.45-7.90 -235 NP9.88-9.81 LP 0.54-6.62 LP

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