Hospitality chain Jaypee Hotels today said its net profit fell 4.49% to Rs 5.53 crore in the fourth quarter ended March 31, 2009, over the corresponding period a year ago.

The company had a net profit of Rs 5.79 crore in the fourth quarter of last financial year, Jaypee Hotels informed the Bombay Stock Exchange. 

Further, total income of the Jaypee Group firm also dropped to Rs 45.99 crore during the March quarter of FY'09 from Rs 51.09 crore in the same quarter of last fiscal.

However, for the financial year ended March 31, 2009, Jaypee Hotels posted a net profit of Rs 21.50 crore, marking a 22.64% growth against Rs 17.53 crore last fiscal.

Total income of the company during FY'09 rose marginally to Rs 171.78 crore from Rs 170.02 crore last fiscal.

Shares of Jaypee Hotels were trading at Rs 115.70, up 4.99%  in the afternoon trade on the BSE.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Wall Street edges up at open on data, China - Telcos operating profit to rise 5% in 2 yrs: Crisil - PESB recommends SS Narsing Rao for CIL's top slot - NRIs, PIOs not required to report property deals in India: RBI - HC stays I-T order on attachment of Satyam's land, buildings

Tags : Jaypee hotels | Hospitality sector | financial results | Q4FY09   Read Business news in  Advertisements -  Now property search gets more exciting than ever before! -  High Growth Business Opportunities in Africa - Register to explore -  Save over Rs.3000 with IndianOil Citibank Card -  We live for our family. have you secured them? -  India's No. 1 Property Site. Click here to know more.. -  Diseases earlier, Saving Costs, Extending Lives. Know More.. -  Get 5% cashback on telephone bills with Citi -  Enjoy the journey as much as the destination. click to know more.. -  Exim Bank Conclave on India - Africa Project Partnership. Know more.. -  Medium-sized businesses are the engines of a smarter planet. -  Be part of it The World's Largest Aircraft. -  Creating Wealth made simple the SIP way. Know more.. -  Only Developer to give a guarantee on time space & rate. -  Office 365 for professionals and small businesses. -  Buy Your Property with Our Triple Guarantee in India. -  Improve Patient Care & Experience. Click here to know more -  Win a Business Class Ticket to Europe..Know more.. -   Introduce a New Automotive Luxury Car.. know more -  Health is Wealth..... Insurance + Savings... Know More...