Fomento Resorts & Hotels standalone net profit declines 15.74% in the March 2016 quarter

Sales decline 0.29% to Rs 17.29 crore

Net profit of Fomento Resorts & Hotels declined 15.74% to Rs 4.71 crore in the quarter ended March 2016 as against Rs 5.59 crore during the previous quarter ended March 2015. Sales declined 0.29% to Rs 17.29 crore in the quarter ended March 2016 as against Rs 17.34 crore during the previous quarter ended March 2015.

For the full year,net profit rose 4.77% to Rs 14.05 crore in the year ended March 2016 as against Rs 13.41 crore during the previous year ended March 2015. Sales rose 7.45% to Rs 58.53 crore in the year ended March 2016 as against Rs 54.47 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales17.2917.34 0 58.5354.47 7 OPM %42.6332.81 -33.2327.94 - PBDT9.277.03 32 26.3720.30 30 PBT8.495.43 56 23.1616.66 39 NP4.715.59 -16 14.0513.41 5

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