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Gujarat Hotels standalone net profit declines 42.31% in the March 2016 quarter

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Capital Market

Sales rise 2.27% to Rs 0.90 crore

Net profit of Gujarat Hotels declined 42.31% to Rs 0.60 crore in the quarter ended March 2016 as against Rs 1.04 crore during the previous quarter ended March 2015. Sales rose 2.27% to Rs 0.90 crore in the quarter ended March 2016 as against Rs 0.88 crore during the previous quarter ended March 2015.

For the full year,net profit declined 10.26% to Rs 2.45 crore in the year ended March 2016 as against Rs 2.73 crore during the previous year ended March 2015. Sales rose 9.06% to Rs 3.49 crore in the year ended March 2016 as against Rs 3.20 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales0.900.88 2 3.493.20 9 OPM %88.8994.32 -89.1191.88 - PBDT0.901.58 -43 3.714.05 -8 PBT0.891.57 -43 3.664.00 -9 NP0.601.04 -42 2.452.73 -10

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First Published: Apr 18 2016 | 10:56 AM IST

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