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Blue Coast Hotels standalone net profit rises 604.92% in the March 2016 quarter

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Capital Market

Sales rise 16.98% to Rs 40.51 crore

Net profit of Blue Coast Hotels rose 604.92% to Rs 17.20 crore in the quarter ended March 2016 as against Rs 2.44 crore during the previous quarter ended March 2015. Sales rose 16.98% to Rs 40.51 crore in the quarter ended March 2016 as against Rs 34.63 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 5.04 crore in the year ended March 2016 as against net loss of Rs 19.79 crore during the previous year ended March 2015. Sales rose 8.23% to Rs 115.44 crore in the year ended March 2016 as against Rs 106.66 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales40.5134.63 17 115.44106.66 8 OPM %35.4529.45 -25.0923.95 - PBDT18.973.10 512 11.09-14.60 LP PBT17.202.44 605 5.04-19.79 LP NP17.202.44 605 5.04-19.79 LP

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First Published: May 31 2016 | 3:26 PM IST

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