Cox & Kings Q4 Net profit at Rs 64.56 crore

Tours and travel firm Cox & Kings today reported a consolidated net profit of Rs 64.56 crore for the fourth quarter ended March 31, 2015.
The company had posted a consolidated net loss of Rs 46.24 crore for the corresponding period of the previous fiscal, Cox & Kings said in a filing to the BSE.
However, company's consolidated net sales declined marginally by 0.83 per cent to Rs 484.12 crore during January- March quarter as against Rs 488.21 crore for the same period a year ago.
For the financial year ended March 2015, the company's consolidated net profit declined 76.04 per cent to Rs 91.78 crore as against Rs 383.17 crore in the previous fiscal.

Cox & Kings' consolidated net sales increased by 11.10 per cent to Rs 2,556.30 crore in 2014-15 as against Rs 2,300.88 crore in 2013-14.
Meanwhile, in a separate filing Cox & Kings has informed that its board has recommended a dividend of Re 1 per share on face value of Rs 5 each for the financial year 2014-15.