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Benares Hotels standalone net profit rises 197.06% in the March 2022 quarter

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Capital Market

Sales rise 46.41% to Rs 16.12 crore

Net profit of Benares Hotels rose 197.06% to Rs 3.03 crore in the quarter ended March 2022 as against Rs 1.02 crore during the previous quarter ended March 2021. Sales rose 46.41% to Rs 16.12 crore in the quarter ended March 2022 as against Rs 11.01 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 5.65 crore in the year ended March 2022 as against net loss of Rs 5.23 crore during the previous year ended March 2021. Sales rose 105.61% to Rs 49.84 crore in the year ended March 2022 as against Rs 24.24 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales16.1211.01 46 49.8424.24 106 OPM %35.6731.06 -29.311.61 - PBDT5.723.25 76 14.06-0.04 LP PBT4.171.34 211 7.70-6.97 LP NP3.031.02 197 5.65-5.23 LP

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First Published: Apr 20 2022 | 7:57 AM IST

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