EIH standalone net profit rises 77.91% in the March 2017 quarter

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Sales decline 12.69% to Rs 369.02 crore
Net profit of EIH rose 77.91% to Rs 50.67 crore in the quarter ended March 2017 as against Rs 28.48 crore during the previous quarter ended March 2016. Sales declined 12.69% to Rs 369.02 crore in the quarter ended March 2017 as against Rs 422.64 crore during the previous quarter ended March 2016.For the full year,net profit declined 11.46% to Rs 96.53 crore in the year ended March 2017 as against Rs 109.02 crore during the previous year ended March 2016. Sales declined 10.01% to Rs 1275.74 crore in the year ended March 2017 as against Rs 1417.70 crore during the previous year ended March 2016.
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First Published: May 30 2017 | 5:53 PM IST