Graviss Hospitality consolidated net profit rises 35.29% in the March 2017 quarter

Sales decline 19.85% to Rs 11.79 crore

Net profit of Graviss Hospitality rose 35.29% to Rs 1.38 crore in the quarter ended March 2017 as against Rs 1.02 crore during the previous quarter ended March 2016. Sales declined 19.85% to Rs 11.79 crore in the quarter ended March 2017 as against Rs 14.71 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 3.91 crore in the year ended March 2017 as against net loss of Rs 2.41 crore during the previous year ended March 2016. Sales declined 13.30% to Rs 43.23 crore in the year ended March 2017 as against Rs 49.86 crore during the previous year ended March 2016.

 

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales11.7914.71 -20 43.2349.86 -13 OPM %8.747.48 -2.085.31 - PBDT0.670.75 -11 -0.831.27 PL PBT-0.350 0 -5.64-3.43 -64 NP1.381.02 35 -3.91-2.41 -62

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