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Ras Resorts & Apart Hotels standalone net profit rises 100.00% in the March 2017 quarter

Capital Market 

Sales decline 8.33% to Rs 2.20 crore

Net profit of & Apart Hotels rose 100.00% to Rs 0.22 crore in the quarter ended March 2017 as against Rs 0.11 crore during the previous quarter ended March 2016. Sales declined 8.33% to Rs 2.20 crore in the quarter ended March 2017 as against Rs 2.40 crore during the previous quarter ended March 2016.

For the full year,net profit rose 24.00% to Rs 0.62 crore in the year ended March 2017 as against Rs 0.50 crore during the previous year ended March 2016. Sales rose 0.58% to Rs 8.63 crore in the year ended March 2017 as against Rs 8.58 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2.202.40 -8 8.638.58 1 OPM %18.6416.25 -16.9218.88 - PBDT0.280.27 4 1.131.21 -7 PBT0.200.17 18 0.790.79 0 NP0.220.11 100 0.620.50 24

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 16 2017. 14:23 IST
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