Advani Hotels & Resorts (India) standalone net profit declines 38.44% in the March 2021 quarter

Sales decline 24.88% to Rs 15.22 crore

Net profit of Advani Hotels & Resorts (India) declined 38.44% to Rs 2.85 crore in the quarter ended March 2021 as against Rs 4.63 crore during the previous quarter ended March 2020. Sales declined 24.88% to Rs 15.22 crore in the quarter ended March 2021 as against Rs 20.26 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 4.08 crore in the year ended March 2021 as against net profit of Rs 11.26 crore during the previous year ended March 2020. Sales declined 60.83% to Rs 27.47 crore in the year ended March 2021 as against Rs 70.13 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales15.2220.26 -25 27.4770.13 -61 OPM %29.3734.85 --9.7924.23 - PBDT4.697.37 -36 -2.1817.79 PL PBT3.916.28 -38 -5.4514.05 PL NP2.854.63 -38 -4.0811.26 PL

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