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Benares Hotels standalone net profit declines 8.61% in the March 2020 quarter

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Capital Market

Sales decline 12.11% to Rs 19.37 crore

Net profit of Benares Hotels declined 8.61% to Rs 4.35 crore in the quarter ended March 2020 as against Rs 4.76 crore during the previous quarter ended March 2019. Sales declined 12.11% to Rs 19.37 crore in the quarter ended March 2020 as against Rs 22.04 crore during the previous quarter ended March 2019.

For the full year,net profit rose 21.67% to Rs 10.61 crore in the year ended March 2020 as against Rs 8.72 crore during the previous year ended March 2019. Sales rose 6.64% to Rs 63.64 crore in the year ended March 2020 as against Rs 59.68 crore during the previous year ended March 2019.

 
ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales19.3722.04 -12 63.6459.68 7 OPM %40.5337.11 -32.6129.26 - PBDT7.708.14 -5 19.8717.41 14 PBT5.856.69 -13 13.4912.18 11 NP4.354.76 -9 10.618.72 22

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First Published: May 28 2020 | 2:02 PM IST

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