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Ras Resorts & Apart Hotels standalone net profit declines 57.89% in the December 2017 quarter

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Capital Market

Sales decline 11.42% to Rs 1.94 crore

Net profit of Ras Resorts & Apart Hotels declined 57.89% to Rs 0.08 crore in the quarter ended December 2017 as against Rs 0.19 crore during the previous quarter ended December 2016. Sales declined 11.42% to Rs 1.94 crore in the quarter ended December 2017 as against Rs 2.19 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales1.942.19 -11 OPM %11.3420.55 -PBDT0.130.38 -66 PBT0.050.29 -83 NP0.080.19 -58

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First Published: Feb 05 2018 | 1:48 PM IST

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