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Advani Hotels & Resorts (India) standalone net profit declines 4.02% in the March 2017 quarter

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Capital Market

Sales rise 4.84% to Rs 17.97 crore

Net profit of Advani Hotels & Resorts (India) declined 4.02% to Rs 4.06 crore in the quarter ended March 2017 as against Rs 4.23 crore during the previous quarter ended March 2016. Sales rose 4.84% to Rs 17.97 crore in the quarter ended March 2017 as against Rs 17.14 crore during the previous quarter ended March 2016.

For the full year,net profit rose 37.34% to Rs 8.79 crore in the year ended March 2017 as against Rs 6.40 crore during the previous year ended March 2016. Sales rose 12.32% to Rs 59.64 crore in the year ended March 2017 as against Rs 53.10 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales17.9717.14 5 59.6453.10 12 OPM %37.4542.36 -28.7925.52 - PBDT7.157.21 -1 18.0513.43 34 PBT6.216.22 0 14.369.38 53 NP4.064.23 -4 8.796.40 37

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First Published: May 23 2017 | 5:50 PM IST

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