Graviss Hospitality net profit declines 50.52% in the March 2013 quarter

Net profit of Graviss Hospitality declined 50.52% to Rs 1.42 crore in the quarter ended March 2013 as against Rs 2.87 crore during the previous quarter ended March 2012. Sales declined 15.67% to Rs 14.48 crore in the quarter ended March 2013 as against Rs 17.17 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 43.87% to Rs 3.57 crore in the year ended March 2013 as against Rs 6.36 crore during the previous year ended March 2012. Sales declined 14.07% to Rs 50.76 crore in the year ended March 2013 as against Rs 59.07 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales14.4817.17 -16 50.7659.07 -14 OPM %16.7125.04 -33 16.5121.82 -24 PBDT3.314.75 -30 10.0613.53 -26 PBT1.883.52 -47 5.078.51 -40 NP1.422.87 -51 3.576.36 -44

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