Benares Hotels standalone net profit declines 13.16% in the March 2016 quarter

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Sales rise 1.95% to Rs 15.71 crore
Net profit of Benares Hotels declined 13.16% to Rs 3.43 crore in the quarter ended March 2016 as against Rs 3.95 crore during the previous quarter ended March 2015. Sales rose 1.95% to Rs 15.71 crore in the quarter ended March 2016 as against Rs 15.41 crore during the previous quarter ended March 2015.For the full year,net profit declined 10.18% to Rs 8.29 crore in the year ended March 2016 as against Rs 9.23 crore during the previous year ended March 2015. Sales rose 5.94% to Rs 49.97 crore in the year ended March 2016 as against Rs 47.17 crore during the previous year ended March 2015.
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First Published: May 04 2016 | 12:33 PM IST