EIH Associated Hotels standalone net profit declines 40.96% in the March 2020 quarter

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Sales decline 16.89% to Rs 70.62 crore
Net profit of EIH Associated Hotels declined 40.96% to Rs 10.74 crore in the quarter ended March 2020 as against Rs 18.19 crore during the previous quarter ended March 2019. Sales declined 16.89% to Rs 70.62 crore in the quarter ended March 2020 as against Rs 84.97 crore during the previous quarter ended March 2019.For the full year,net profit rose 0.05% to Rs 37.96 crore in the year ended March 2020 as against Rs 37.94 crore during the previous year ended March 2019. Sales declined 5.72% to Rs 249.08 crore in the year ended March 2020 as against Rs 264.18 crore during the previous year ended March 2019.
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First Published: Jun 23 2020 | 6:28 PM IST