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Asian Hotels (East) standalone net profit rises 178.25% in the March 2016 quarter

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Capital Market

Sales rise 16.13% to Rs 30.02 crore

Net profit of Asian Hotels (East) rose 178.25% to Rs 9.21 crore in the quarter ended March 2016 as against Rs 3.31 crore during the previous quarter ended March 2015. Sales rose 16.13% to Rs 30.02 crore in the quarter ended March 2016 as against Rs 25.85 crore during the previous quarter ended March 2015.

For the full year,net profit declined 45.51% to Rs 8.19 crore in the year ended March 2016 as against Rs 15.03 crore during the previous year ended March 2015. Sales declined 1.44% to Rs 98.09 crore in the year ended March 2016 as against Rs 99.52 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales30.0225.85 16 98.0999.52 -1 OPM %32.8123.60 -23.1222.81 - PBDT12.327.19 71 16.0628.03 -43 PBT10.615.49 93 9.2120.91 -56 NP9.213.31 178 8.1915.03 -46

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First Published: May 25 2016 | 8:43 AM IST

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