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Benares Hotels standalone net profit declines 36.63% in the March 2017 quarter

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Capital Market

Sales decline 0.19% to Rs 15.75 crore

Net profit of Benares Hotels declined 36.63% to Rs 2.18 crore in the quarter ended March 2017 as against Rs 3.44 crore during the previous quarter ended March 2016. Sales declined 0.19% to Rs 15.75 crore in the quarter ended March 2017 as against Rs 15.78 crore during the previous quarter ended March 2016.

For the full year,net profit declined 19.58% to Rs 6.82 crore in the year ended March 2017 as against Rs 8.48 crore during the previous year ended March 2016. Sales declined 1.25% to Rs 49.57 crore in the year ended March 2017 as against Rs 50.20 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales15.7515.78 0 49.5750.20 -1 OPM %36.0636.25 -27.8829.46 - PBDT6.096.05 1 15.3915.82 -3 PBT3.515.34 -34 10.7413.16 -18 NP2.183.44 -37 6.828.48 -20

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First Published: May 09 2017 | 5:08 PM IST

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