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Best Eastern Hotels standalone net profit declines 90.91% in the March 2016 quarter

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Capital Market

Sales rise 18.58% to Rs 1.34 crore

Net profit of Best Eastern Hotels declined 90.91% to Rs 0.01 crore in the quarter ended March 2016 as against Rs 0.11 crore during the previous quarter ended March 2015. Sales rose 18.58% to Rs 1.34 crore in the quarter ended March 2016 as against Rs 1.13 crore during the previous quarter ended March 2015.

For the full year,net profit declined 31.58% to Rs 0.26 crore in the year ended March 2016 as against Rs 0.38 crore during the previous year ended March 2015. Sales rose 6.39% to Rs 5.16 crore in the year ended March 2016 as against Rs 4.85 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1.341.13 19 5.164.85 6 OPM %0.7531.86 -5.0427.22 - PBDT0.010.32 -97 0.261.12 -77 PBT0.010.11 -91 0.260.50 -48 NP0.010.11 -91 0.260.38 -32

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First Published: May 31 2016 | 6:27 PM IST

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